Animoca Brands’ Investment Portfolio Now Worth Over $1.5B

Animoca Brands’ Investment Portfolio Now Worth Over $1.5B
0

Animoca Brands’ Investment Portfolio Now Worth Over $1.5B

Hong-Kong based investor in non-fungible token (NFT) and metaverse projects Animoca Brands’ portfolio investments totaled over $1.5 billion across more than 340 investments at the end of April, according to unaudited results released by the firm on Monday. Am

  • Bookings and other income totaled $148 million for the fourth quarter of last year and $573 million for the first four months of 2022. Bookings includes token and NFT sales and other non-blockchain earnings. The “other income” portion includes gains and losses from investments and digital asset holdings.
  • Cash balances stood at $98 million and digital asset holdings at $211 million at the end of April. Digital asset holdings included USDC, USDT, BUSD, ETH and BTC, the company said. Other digital asset holdings, including third-party tokens, added up to $659 million.
  • Digital asset reserves were $4.2 billion and included the Animoca Brands tokens SAND, QUIDD, PRIMATE, REVV, TOWER and GMEE, among others.
  • Animoca’s key business units include The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games and blockchain service revenue from portfolio investments and partnerships.
  • Earlier this year, Animoca Brands raised almost $360 million in a funding round at a $5.5 billion valuation, representing a doubling in its value in just three months.
The Şenlik for the Decentralized World
Thursday – Sunday, June 9-12, 2022
Austin, Texas

Save a Seat Now


Animoca Brands’ Investment Portfolio Now Worth Over $1.5BBTC$31,427.77

5.89%

Animoca Brands’ Investment Portfolio Now Worth Over $1.5BETH$1,904.16

6.49%

Animoca Brands’ Investment Portfolio Now Worth Over $1.5BBNB$306.46

2.92%

Animoca Brands’ Investment Portfolio Now Worth Over $1.5BXRP$0.403466

2.25%

Animoca Brands’ Investment Portfolio Now Worth Over $1.5BSOL$43.68

11.70%


View All Prices


Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas.

Click to rate this post!
[Total: 0 Average: 0]

Join Our Newsletter

Sign up for free now and be the first to know about new updates.

Write a Comment