Hong Kong-based blockchain gaming giant Animoca Brands Ready to Launch Massive $2 Billion Fund It’s called “Animoca Capital” to invest in the metaverse, according to co-founder and CEO Yat Siu.
In a disclosure to Nikkei Asia executivesspecifythat the upcoming metaverse fund It will make its first investment in 2023, with a focus on digital property rights. It also tries to give access to Web3 companies.
The investment target of the fund will not have any constraints, and Siu believes that Animoca Capital will be a good starting point for businesses and Web3 investors.
“Long term goals for us. is to create an approach where we all have digital property rights. I hope this will drive a situation where digital assets will be recognized as physical assets in the legal system.”
Animoca Brands has established itself as one of the most prominent investors in NFT, blockchain gaming, and metaverse-focused companies. Company Announces $110 Million in Funding Round Led by Temasek, Boyu Capital and GGV Capital
meanwhile The company’s portfolio includes more than 380 investments including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Alien Worlds and Star Atlas, among others.
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