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Animoca Brands Valuation Doubles in Three Months

Animoca Brands Valuation Doubles in Three Months

Animoca Brands, an investor in non-fungible token (NFT) and metaverse projects, raised almost $360 million at a valuation of $5.5 billion.

The company’s portfolio contains more than 150 NFT-related projects, including play-to-earn game Axie Infinity, Dapper Labs, the company behind NBA Top Shot, and OpenSea, the largest NFT trading platform. It also has a majority stake in metaverse game The Sandbox.

Binance Smart Chain and Animoca Brands Set Up $200M Program for Blockchain Gaming

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