The Animoca Brands Investment Portfolio is already worth more than $ 1.5 billion. The Gaming Investment Division recorded $ 573 million in bookings in the first months of 2022, so let’s read more today in the latest news on cryptocurrency.
According to recently published unaudited figures, the Hong Kong-based investment portfolio of NFT and the metaverse of the Animoca Brands project reached $ 1.5 billion over 340 investments at the end of April. Bookings and other income amounted to $ 148 million in the fourth quarter of last year and $ 573 million in the first four months of this year. Bookings include NFT and token sales, while other income consists of gains and losses on investments and digital assets.
At the end of April, the cash position totaled $ 98 million, with digital assets totaling $ 211 million. USDT, USD, BUSD, ETH and BTC were among the digital assets and other digital assets totaled $ 659 million. SAND, PRIMATE, REVV, TOWER, and GMEE tokens were among the $ 4.2 billion digital asset reserves. GMEE, nWay, Blowfish Studios, The Sandbox and Grease Monkey were Animoca’s core business units.
“We firmly believe that Web3 represents the natural evolution of the Internet, a future in which digital property rights and the resulting economic freedom will empower billions of Internet users in an interconnected series of open worlds and systems.” Co-founder Yat Siu said in a statement.
Animoca raised about $ 360 million in a share issue earlier this year in a $ 5.5 billion valuation, which is equivalent to a three-month increase in value.
Animoca Brand Collection
As previously reported, Animoca Brands continues to acquire studios and recently acquired three, including Eden GAmes. Yat Siu, co-founder of Animoca, said the company could buy other studios and discussed closing F1 Delta Time and increasing the first IP focus metaverse.
Animoca Brands is a big investor in blockchain games and NFT launches, but it has also released its own FNT game, including ETH-based metaverse experience. The Sandbox and Animoca have already gone on a shopping spree. Grease Monkey and Eden are focusing on racing games, which they will integrate into Animoca’s current REVV signage system, including REVV Racing on Polygon, Ethereum side chain size solution.
Meanwhile, Darewise, a French start-up company, was founded in part by former Ubisoft developers and their first project is a huge online multiplayer game called Life Beyond, which will use NFT for part of the game. NFTs act as ownership of a digital object and may include objects such as weapons, vehicles, clothing and virtual land.
About Animoca Brands
Animoca Brands is the leader in digital entertainment, blockchain and game-fi, the Deloitte Tech Fast winner and the Financial Times’ list of high-growth companies in Asia and the Pacific 2021.
Similarly, it creates and publishes various products, including the REVV symbol and the SAND symbol; original games like The Sandbox, Crazy Kings, Be Media and Crazy Defense Heroes.
In addition, Animoca invests in products based on popular intellectual property such as Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, Bondly and Lympo, which are among the company’s subsidiaries.
Animoca Brands has over 150 investments in NFT-affiliated companies and distributed initiatives that help build the open metaverse. These include Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas and more.
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