Animoca Brands Reveals Portfolio of Over 340 Deals Worth Over $1.5 Billion

Animoca Brands, the Blockchain Unicorn in Hong Kong It said the portfolio made through more than 340 deals was worth more than $1.5 billion at the end of April 2022.

The company recently led the way in raising funds among companies. including content production services Gusto Collective game studio Untamed Planet and Our Happy Company which was founded by singer John Legend.

Animoca also reported $148 million in revenue and other revenue for the three months ending December 2021 and $573 million for the four months ending April 2022.

The company said its strong performance came from its core business units, including: The Sandbox , Gamee nWay, Blowfish Studios, Grease Monkey Games, Revv Motorsport , Crazy Defense Heroes Quidd, Lympo and Forj.

Yat Siu Animoca co-founder said, “We strongly believe that Web3 represents the natural evolution of the Internet of the future where digital property rights and economic freedom will come. It will empower billions of online users in an open world series and connected platform,” Animoca co-founder Yat Siu said in a statement.

Meanwhile, Animoca’s cash balance was $98 million as of April, up from $35.9 million in September 2021.

The company’s digital assets This includes tokens like Sand, Umad, Quidd, Primate, Revv, Tower and Gmee, valued at $4.2 billion. A nearly 45% increase from September 2021.

refer : LINK

The post Animoca Brands reveals portfolio of more than 340 deals worth over $1.5 billion appeared first on Bitcoin Addict.

source site