[ad_1]
Animoca Manufacturers has raised US$75 million in a brand new spherical of fundraising in a transfer towards an “open metaverse,” defying plummeting markets and a drop in non-fungible token (NFT) gross sales throughout the crypto winter season, the Hong Kong-based blockchain sport specialist introduced on Tuesday.
See associated article: Animoca says crypto winter ‘a good time’ for enterprise capitalists
Quick info
- The newest spherical marks Animoca’s fifth financing spherical since 2021, elevating the corporate’s valuation to US$5.9 billion, based on an announcement.
- Among the firm’s most profitable investments had been made throughout the earlier crypto winter, Gen Kanai, director of strategic partnerships on the Hong Kong-based blockchain gaming studio, advised Forkast final week.
- Animoca Manufacturers says it’s going to use the brand new capital to fund extra acquisitions, advance product growth, safe licenses for well-liked mental properties, and advance the corporate’s imaginative and prescient for an open metaverse.
- Animoca’s portfolio consists of greater than 150 NFT-related tasks, together with Axie Infinity developer Sky Mavis and NFT market OpenSea.
See associated article: Animoca Manufacturers investments have crossed US$1.5B
[ad_2]
Source link