Animoca Brands

Hong Kong-based gaming company Animoca Brands on Monday disclosed substantial financial holdings and a wide array of investments, in an apparent bid to highlight its strong position in the burgeoning Web3 and blockchain industry. According to the report, as of Nov. 30, 2023, Animoca...

Blockchain companies, including Animoca Brands and Chainalysis, are now in the crosshairs of a $500 million fund aimed at acquiring secondary shares in crypto firms at significant discounts. This fund, C1, established by ex-Coinbase (NASDAQ: COIN) legal and investment professionals,...

In the vast expanse of the financial cosmos, 2022 emerged not just as another year but as a defining moment for the cryptocurrency industry. Traditional financial behemoths, with their centuries-old legacies, observed from the sidelines, their interest piqued yet their caution was evident....

Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its Industry Recovery Initiative (IRI), following the collapse of crypto exchange FTX. As it stands now, IRI has only funded $30 million...

Animoca Brands chairman and web3 investor Yat Siu is urging marketplaces to support creator royalties. Artists and crypto creatives should have the autonomy to set their own terms without needing permission from larger players, Siu told The Block at NFT Paris. Siu is also critical of models that...

Character design studio Superplastic is announcing a new investment round and a partnership with a leading ecommerce company. What Happened: Superplastic announced a new $20 million Series A investment round Wednesday, which was led by Amazon.com Inc (NASDAQ: AMZN) in a partnership that could...

The Sandbox, a virtual gaming world and leading metaverse platform, is working with author, heiress, entrepreneur, philanthropist and celebrity Paris Hilton and her 11:11 Media company to bring Cryptoween to the metaverse. 11:11 Media is a global media content company and platform...

A list of the top 100 most influential companies highlighted four companies that have their hands in the fast-growing non-fungible token and metaverse markets. Here’s a look at the four names on the list. What Happened: Time, a leading magazine and digital media outlet, named the 100 most...

Cryptocurrency Solana has increased in value over the last few weeks as the coin is becoming more utilized for creating play-to-earn games. Here’s a look at how investors could perform if they invest in Solana (CRYPTO: SOL) now and the coin returns to all-time highs. What Happened: Solana has...

Land sales in virtual worlds such as The Sandbox (CRYPTO: SAND) and Decentraland (CRYPTO: MANA) have skyrocketed over the past year. One company is attracting investments from big investors and celebrities as it buys up virtual land and attempts to be a huge company inside the...

Leading NFT powerhouse Yuga Labs announced a new funding round Tuesday that includes some of the largest technology companies and investment funds. The funding round also included the participation of several notable athletes and celebrities. What Happened: Yuga Labs raised $450 million in a seed...

ApeCoin (CRYPTO: APE) debuted Thursday as an ERC-20 governance and utility token. Here’s a look at how the token is trading in its market debut and how much Bored Ape Yacht Club owners could have made. What Happened: ApeDAO launched ApeCoin Thursday as a token for culture, gaming and...

A leading non-fungible token company has announced plans for a long-rumored token. Here are the details about APEcoin (CRYPTO: APE) and who is eligible to claim the new token. What Happened: Yuga Labs announced the launch of ApeCoin Wednesday with a Twitter Inc (NYSE: TWTR) thread, a...

Immutable (CRYPTO:IMX) announced a new round of investors Monday morning and details on its growth ahead of an NFT marketplace launch with GameStop Corp (NYSE: GME). What Happened: Ethereum (CRYPTO: ETH) Layer 2 protocol Immutable provides fast transactions which are 10% carbon-neutral...

Two leading brands in the non-fungible token space are teaming up to create a new blockchain game. What Happened: Bored Ape Yacht Club and Animoca Brands are partnering to create a new blockchain NFT game that will use the Bored Ape NFTs. Bored Ape Yacht Club is a collection of 10,000 NFTs that...