Animoca Brands: Web3's Rising Star with Diverse Portfolio
Animoca Brands exhibits robust financial health and diverse investments, marking its influence in the Web3 domain despite facing industry challenges.

Animoca Brands exhibits robust financial health and diverse investments, marking its influence in the Web3 domain despite facing industry challenges.
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, disclosed an exclusive collaboration with Apas Port Inc. and OnChain Studios' Cryptoys. This partnership aims to revolutionise the toy experience for Japanese collectors, marking a significant step in redefining traditional play.
The firm behind the Cool Cats NFT project is working with video game developers to launch three different video games by the end of 2024.
Animoca Brands hopes to raise a slimmed-down target of $1 billion for its web3 fund.
The company behind The Sandbox continues to attract sizable investments as it eyes new acquisitions in the play-to-earn and metaverse sectors.
This substantial funding was achieved through private sales, pre-sales, and an IDO of the QUIDD token.
Animoca Brands has seen great success from its early initiatives in NFT gaming platforms and providing users with a digitally fair Metaverse.
Sports NFT minting platform Lympo suffered a hot wallet security breach and lost $18 million of its native LMT tokens.
In less than a week, Animoca Brands has acquired two major video games publishers: Eden Games and Darewise Entertainment.
Be Media has begun an aggressive hiring process in blockchain development and project management following the acquisition.