Animoca Brands

The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the...

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...

Meta Platforms (NASDAQ: META) has seen better days. As the company steps once again into defense mode over a massive wave of layoffs, all eyes turn to CEO Mark Zuckerberg and his hopes to replicate Facebook’s Web 2 success by developing an early version of the metaverse. Several issues...

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...

The metaverse: a future version of the internet that everyone loves to brag about but doesn’t really exist yet. As we discussed in part one of this two-part series, much of the technical infrastructure needed to build the metaverse (beyond today’s hype) is still being addressed. The...

The metaverse: you’ve heard of it. That futuristic, decentralized, 3D version of the web that’s supposed to make the internet great again. Or at least that’s the promise. As word of the metaverse spreads, a vast number of companies from across industries have been quick...

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...