Animoca Brands: the portfolio that was worth $1.5 billion

The Hong Kong unicorn is unstoppable! – Only a few days ago, Animoca Brands announced a partnership with the Japanese video game giant Square-Enix. The investment company specializing in blockchain games, NFTs and metaverses is once again making headlines with an investment portfolio that exceeds one billion dollars!

Animoca Brands publishes its financial data

On June 6, 2022, Hong Kong-based venture capital firm Animoca Brands released its financial results (unaudited) for the last quarter of 2021 and closed at the end of April 2022.

First, the first element that must be noted is the amount of investments made. Indeed, Animoca Brands has achieved more than 340 investments during this period. The amount of his portfolio is thus valued at approximately $1.5 billion. This considerable sum demonstrates the steady pace that Animoca Brands has chosen to follow. Recently, the Hong Kong company invested in the metaverse project named Angelicbut also in NFT projects like SkateX.

The co-founder and CEO of Animoca Brands, Yat Siu – Source: Read the World

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Animoca Brands: billions of dollars in cryptocurrencies

Then the digital asset hoards who include the Animoca Brands tokens (SAND, REVVTOWER, GMEE among others) are valued at $4.2 billion.

Regarding the bookings and other revenuethey totaled $148 million for the last quarter of 2021 and $573 million for the first 4 months of 2022. Reservations include the token and NFT sales and other types of non-blockchain revenue. “Other income” includes gains and losses from investments and holdings of digital assets. In addition, digital asset holdings include USDCof USDTfrom BUSDof ETH and BTC.

Additionally, in this financial publication the blockchain investment firm credits its strong results to The SandboxGame, Blowfish Studios or Grease Monkey. The growth of Animoca Brands is not ready to stop thanks to the fundraising of $358 million which she completed last January.

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