Blockchain gaming firm, Animoca Brands, has achieved a $5.5 billion company valuation following the completion of its latest fundraising round which attracted $75.3 million from investors, including Liberty City Ventures and Kingsway Capital.
Animoca Brands has invested in over 340 blockchain gaming companies to date as it seeks to build out its vision for a gaming metaverse underpinned by Web3 technology. In addition to its growing portfolio of investments, Animoca’s subsidiaries also develop in-house blockchain games, most notably The Sandbox metaverse, the education app TinyTap, the REVV Motorsport racing franchise, and many more.
Through its development of The Sandbox, Animoca formed fruitful partnerships with major brands and celebrities, such as Adidas, Snoop Dogg, The Walking Dead, Deadmau5, Atari, Rollercoaster Tycoon, Care Bears, The Smurfs, and many more.
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