As of April 30, Animoca Brands, a Hong Kong-based firm that invests in non-fungible tokens (NFTs) and metaverse projects, had made over US$1.5 billion in over 340 investments. The firm gained roughly $721 million through token and non-token sales, including secondary sales, and gains and losses from investment and digital asset holdings between October 2021 and April 2022. Animoca’s digital asset reserves, which included USDC, USDT, BUSD, ETH, and BTC, totaled US$211 million at the end of April, more than doubling its cash position of US$98 million. .@CoinDesk Market Wrap: #AnimocaBrands’ Investment Portfolio Now Worth Over $1.5B: The #gaming #investment firm also reported $573 million in bookings and other income for the first four months of 2022. Continue reading: https://t.co/FV1EJrgwg9 #Web3 #metaverse #NFT #blockchain — Animoca Brands (@animocabrands) June 7, 2022 Animoca Brands Raised Roughly US$360 Million in January 2022 However, at the end of April, the entire value of digital assets reserves was US$4.2 billion, which includes Animoca Brands tokens like SAND, REVV, GMEE, and others not listed in the balance sheet. The firm raised roughly US$360 million in January 2022 at a valuation of US$5 billion. In February, the company established a subsidiary in Japan with a seed investment of US$10 million. Based in New York, Liberty City Ventures led the investment, which included more than 18 additional investors from around ...
XRP Price Prediction For May 2025
