The blockchain company Animoca Brands collects $ 358 million to improve web3 and metaverse-finance

Animoca Brands has announced that the company geared towards blockchain and cryptocurrencies has raised $ 358.8 million in order to strengthen the industry of non-fungable tokens (NFT) and "to build up the open meta-severse". The capital increase follows the previous capital increases of $ 65 million and $ 138.88 million in the last year, and today Animoca Brands has an overall rating of $ 5 billion.

Animoca Brands procures $ 358 million under the direction of Liberty City Ventures, Blockchain Company has a pre-Money rating of $ 5 billion

The company animoca brands is a global developer who uses popular brands, gamification, ki, blockchain, not fungible token (nfts) and mobile technology. On Tuesday, the company announced that the company secured $ 358.8 million in a financing round listed by Liberty City Ventures.

In a statement sent to Bitcoin.com News, Animoca Brands further stated that other investors Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management, Winklevoss Capital, 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi were partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group and Parafi Capital.

In addition to the use of financing to increase the NFT and Metaver Aceptance, Animoca Brands said that "the new capital is used for further financing strategic acquisitions and investments, product development and licenses for popular intellectual property rights". Animoca Brands focuses strongly on the establishment of the meta pattern through the use of blockchain solutions and NFT technology. The company's financing announcement of $ 358.8 million adds:

Animoca Brands is working on building the open meta verse by providing online users digital property rights by using blockchain and NFTS; These technologies enable real digital ownership of the virtual assets and data of the users and make various possible [Decentralized Finance] and Gamefi options (including play-to-earn), asset interperability and an open framework that can lead to more equal opportunities for all participants.

The company's blockchain projects include the sandpit metaverse and its sand-token, a blockchain-third-person shooter called phantomgalaxien , revV-rennen , the arc8 platform and his game utility token and more. The managing partner of Liberty City Ventures, Murtaza Akbar, said during the financing announcement that Animoca Brands "demonstrates the groundbreaking properties of Web3 and the open meta personation".

What do you think that Animoca Brands spends $ 358.8 million of strategic investors? Share your opinion on this topic in the comment area below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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