- The organization makes over $721 million in token and non-fiat sales within the last 7 several weeks.
- Recent achievements include Animoca Brands’ collaboration with Yuga Labs.
Animoca Brands, the Hong Kong-based digital entertainment and crypto games writer, revealed its prominent unaudited financial figures within the last seven several weeks. The firm may be the parent company from the Sandbox game. In The month of january, Liberty City Ventures brought a fundraiser round for Animoca Brands that valued the organization at greater than $5 billion. The Winklevoss twins and George Soros’ Fund Management were other investors as a whole.
$1.5 Billion Allocated to 340 Projects
As announced by Animoca Brands, the organization makes over $721 million in token and non-fiat sales within the last seven several weeks alone. A money balance of approximately $98 million and cryptocurrency holdings in Bitcoin (BTC), Ethereum (ETH), USDC, USDT, and Binance’s BUSD were incorporated within the firm’s other revenue during the same time frame. Over 340 projects, including Colossal, Axie Infinity, OpenSea, Dapper Labs (National basketball association Top Shot), Yield Guild Games (Harmony), Alien Worlds, and Star Atlas, the company spent over $1.5 billion.
By April 30, 2022, the firm’s digital asset holdings totaled $659 million price of undisclosed third-party tokens. The organization reported an additional $4.2 billion in digital assets reserves to be stored off-balance sheet. SAND, QUIDD, PRIMATE, REVV, TOWER, and GMEE are only a couple of Animoca Brands tokens locked in these vaults.
Recent achievements include Animoca Brands’ collaboration with Yuga Labs. The corporation produced Bored Ape Yacht Club (BAYC) around the metaverse gaming project referred to as Otherside, along with the development of ApeCoin (APE), the governance token that forces the ApeDAO. Apart from portfolio investments and collaborations, the company owns many blockchain gaming firms, such as the Sandbox, Gamee, Blowfish Studios and Grease Monkey Games, which offer additional earnings.