Animoca Brands, the Hong Kong-based digital entertainment and crypto games publisher, released its key unaudited financial results for the last three months of 2021 and the first four months of 2022.
Per the report, the firm invested over $1.5 billion across more than 340 projects as of April 30, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, and Star Atlas, among others.
In January, Animoca Brands was valued at over $5 billion after its latest funding round led by Liberty City Ventures. Other notable participants in the round included billionaire investor George Soros' Soros Fund Management and the Winklevoss twins.
Animoca Brands reported that in the past seven months, it earned over $721 million from token sales and NFT sales, including secondary sales and other non-blockchain activities.
The firm’s other income over the same period included gains and losses of investments and digital assets holdings, which...
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