Animoca Brands investments have crossed US$1.5B

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Hong Kong-based Ani­mo­ca Brands, which invests in non-fun­gi­ble tokens (NFTs) and meta­verse projects, has invest­ed over US$1.5 bil­lion across more than 340 invest­ments as of April 30, accord­ing to its unau­dit­ed finan­cial results released on Monday.

See relat­ed arti­cle: Ani­mo­ca Brands’ new Japan arm aims to con­nect fans in Web 3.0 world

Fast facts

  • Between Octo­ber 2021 and April 2022, Ani­mo­ca Brands earned over US$721 mil­lion from token sales and NFT sales includ­ing sec­ondary sales, with oth­er non-blockchain activ­i­ties, gains and loss­es from invest­ment and dig­i­tal asset holdings. 
  • Animoca’s dig­i­tal asset reserves of US$211 mil­lion at the end of April, which con­sist­ed of USDC, USDT, BUSD, ETH and BTC, were more than dou­ble its cash bal­ance of US$98 million.
  • The total val­ue of dig­i­tal assets reserves, how­ev­er, was US$4.2 bil­lion at the end of April, which includ­ed Ani­mo­ca Brands tokens like SAND, REVV, GMEE, and oth­ers not includ­ed in the bal­ance sheet. 
  • In Jan­u­ary 2022, Ani­mo­ca Brands raised near­ly US$360 mil­lion at a val­u­a­tion of US$5 billion. 
  • The firm also opened a sub­sidiary in Japan with a seed invest­ment of US$10 mil­lion in February.

See relat­ed arti­cle: Ani­mo­ca Brands val­ued at US$5B after lat­est fundraise

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