Animoca Brands announces its investment portfolio now worth over $1.5B

Animoca Brands announces its investment portfolio now worth over $1.5B

According to Animoca Brands’ latest report, released earlier on Monday, June 6, the company’s investment portfolio is now worth over $1.5 billion. Animoca Brands has reported key unaudited financial and business highlights for the final three months of 2021 and the first four months of 2022.

Let’s check out Animoca Brands’ key financial highlights over the above mentioned period of time (Notice: this is an extract from a report without IFRS measures)

  • As of 30 April 2022, Animoca Brands portfolio investments have been valued at over A$2.2 billion (approx. US$1.5 billion) throughout over 340 investments.
  • On 30 April 2022, the company’s cash balance was stated to be at A$141 million (approx. US$98 million) and A$304 million in digital assets (approx. US$211 million) in the form of ETH, BTC, USDC, USDT, and BUSD.
  • As of 30 April 2022, other digital asset holdings included third-party tokens worth A$952 million (approx. US$659 million).
  • The corporation’s digital property reserves have been at A$6.1 billion (roughly US$4.2 billion), which incorporates the Animoca Manufacturers tokens SAND, QUIDD, PRIMATE, REVV, TOWER, GMEE, and others.

The outcomes embrace contributions from the corporate’s key enterprise models, together with The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Video games, REVV Motorsport, TOWER, Quidd, Lympo, and Forj (previously Bondly), as well as blockchain service revenue generated by portfolio investments and partnerships.

Animoca Brands key business highlights also mentioned in the report:

Following the release of the monetary report, the corporation efficiently acquired Grease Monkey Video games, Darewise Entertainment, Eden Video games, Notre Game and Be Media. Recent acquisitions strongly reflect Animoca Brands’ aspiration to strengthen and develop the gaming industry, heading to the future of web3 in the coming time.

Not only focusing on acquiring potential projects and expand their portfolio, Animoca Brands also invest their resources to establish new joint ventures including AniCube with Cube Entertainment, MetaHollywood with Planet Hollywood, and OneFootball Labs with OneFootball.

Enlarging the network of relevant partners for the vision of web3, Animoca Brands also partnered with Yuga Labs on the Otherside project, the metaverse game of the Bored Apes Yacht Club. Moreover, Animoca brands also Partnered with ApeCoin DAO and launched ApeCoin (APE).

Animoca Brands, over the time reported, had expanded presence in Japan through the establishment of strategic subsidiary Animoca Brands Japan with a seed round of US$10 million.

The Corporation directly launched PRIMATE Token, which is the play-to-earn token of the Company’s mobile game Benji Bananas and is connected to the ApeCoin ecosystem.

Most impressive achievements so far can be named is the Phantom Galaxies project, developed by Animoca Brands’ subsidiary Blowfish Studios, closed its Planets private sale at US$19.3 million and began its Planets public sale.

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and named in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification, working to advance digital property rights and contribute to the creation of the open metaverse.

Founded by Yat Siu (a Hong Kong-based entrepreneur and an angel investor—an individual with a high-net worth who provides financial backing for small entrepreneurs and start-up businesses), Animoca Brands is a Hong Kong-based game software company and venture capital firm that was founded in 2014. While they have developed some games themselves (such as The Sandbox, a voxel-based 3D user-generated gaming platform based on the Ethereum blockchain), they have also licensed games and applications for various other intellectual properties (ranging from The Addams Family, Care Bears, to the WWE), and are heavily invested in over 340 cryptocurrency-related holdings, including Axie Infinity, OpenSea, Dapper Labs, and CryptoKitties.

The financial report is being refined to meet the outstanding requirement. Some updates will probably be added over time. Follow Animoca Brands, please click here