AnimocaBrands closes $75.3 million financing

Animoca Brands was previously a mobile game developer in Hong Kong, focusing on the production of mobile games adapted from well-known TV or comic works for the iOS platform and Google Play, and Garfield is its work. After 2019, he transformed into a metaverse game, a creator of blockchain non-fungible tokens (NFT), and a developer of chain games such as the sandbox game The Sandbox and F1 racing F1 Delta Time. The company recently closed a $75.3 million funding round, valuing the company at $5.9 billion. The blockchain gaming company will use the funds to invest in more gaming projects and advance its vision of an “open metaverse.” Investors in the current segment include Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10 T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic Summit Investments Limited and more.

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