Hong Kong-based Animoca Brands has risen in price. The company specializing in NFT attracted new investments, after which its capitalization grew to $ 5.9 billion.
By the way, last May the market value of Animoca Brands was only $1 billion.
Now the company has received $75.3 million. This amount is the second tranche of the financing round, which was announced back in January. Among the investors were Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures and others.
Animoca Brands is going to spend money on M&A and the development of an open metaverse. Recall that at the moment she has invested in over 340 projects, including Axie Infinity, OpenSea and Dapper Labs.