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  • Animoca Brands Released an Interim Financial Report in April End

Finance

Animoca Brands Released an Interim Financial Report in April End

05/14/2023
Bitcoin Ethereum News

Animoca Brands reports $3.4B of assets in an interim financial update

  • 1
    Animoca Brands releases an interim financial report on April 30, 2023.
  • 2
    The valuation of the company dropped from $6 billion to $2 billion in March.
  • 3
    Animoca Brands partners with ALTAVA group to make use of the Bored Ape Yacht Club NFT in Animoca’s brand portfolio.

The update revealed that the reserves were as, $194 million in cash, $566 million in digital assets and $2.7 million for majority-owned Web3 subsidiaries.

Animoca Brands

Animoca Brands Corporation Ltd is a Venture Capital Company founded in 2014 by Yat Siu and David Kim. Initially, the company focused on developing mobile games …

Source: https://www.thecoinrepublic.com/2023/05/13/animoca-brands-released-an-interim-financial-report-in-april-end/

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