Hodler’s Digest, Jan. 16-22 -Breaking
NFT-focused Animoca Brands Valued at $5B Following a $358M Raised
NFT funding secured earlier this week by $358 million from Animoca Brands, a virtual property-focused company. The firm is valued at $5 billion.
According to the company, new funds will be used for strategic investments and product development as well as financing strategic acquisitions. Over the last 12 months, the company has grown from strength to strength, raising over $216 million by 2021 and its value has nearly doubled since October’s capital raise.
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