Animoca Brands’ portfolio investment hits the $1.5 billion mark

Home / Animoca Brands’ portfolio investment hits the $1.5 billion mark

Animoca Brands’ portfolio investments at the end of April totaled more than $1.5 billion and were invested in more than 340 projects.
For the previous year, the company had $148 million in investment revenues and $573 million in the first four months of 2022.
Revenues were generated from token and NFT sales as well as investments in digital assets.

At the end of April, the company had $98 million in cash balances and $211 million in digital assets.

The company now holds USDC, USDT, BUSD, ETH and BTC.
Other digital asset holdings, including third-party tokens, are valued at $659 million.

Animoca Brands’ digital asset holdings totaled $4.2 billion and include SAND, QUIDD, PRIMATE, REVV, TOWER and GMEE tokens.
Animoca’s key business units include The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games and service revenue from portfolio investments as well as partnerships.
Earlier this year, Animoca Brands raised nearly $360 million and reached a valuation of $5.5.

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