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Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The…

Continue ReadingWeb3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on…

Continue ReadingAnimoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu

Yat Siu thinks it's only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility.

Continue ReadingNFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu

Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B

The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital…

Continue ReadingBlockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B