Cryptocurrency Analysis and News Portal
Animoca Brands, a Hong Kong-based blockchain gaming, metaverse and non-fungible token (NFT) company, has closed a capital raise for US$65 million at a pre-money valuation of US$2.2 billion, according to a company statement. Fast facts Investors in the round included Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital, Token Bay Capital
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yat Siu, the co-founder, group executive chairman and managing director of Animoca Brands, who
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Yat Siu, the co-founder and chairman of NFT game developer Animoca Brands, believes nonfungible tokens offer a new way for culture to be stored in the virtual sphere.In an interview with Cryptox, Siu argued that while the technology underpinning NFTs may be new, the desire to “store culture” has long
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Crypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed custody platform, Hex Safe.Animoca Brands, a gaming and non-fungible token unicorn, led the round. Participation in the investment round also came via Ripple Labs, Algorand Foundation, BCW Group, Tessera
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Animoca Brands, a nonfungible token (NFT) game developer, has announced a substantial investment in the NFT platform Bondly.According to a release issued on Friday, Animoca will own a majority stake in Bondly following the investment.Commenting on the rationale behind its investment in Bondly, Animoca chairman and co-founder Yat Siu told
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The nonfungible token (NFT) space is arguably one of the most popular aspects of crypto and blockchain technology. Indeed, NFTs are often the topic of conversation, garnering significant interest both from inside and outside the industry.Such is the growing appeal of NFTs outside the crypto space that major brands like
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The adoption of nonfungible tokens has served as a practical entry point for users joining the crypto economy, driven primarily by their respective fandoms and the benefit-centric nature of the tokens. For instance, if you're a Lebron James superfan, you can understand why “The Block” from the 2016 NBA finals
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Hong Kong-based blockchain gaming company Animoca Brands and global venture accelerator Brinc have launched Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups, according to a company statement. Fast facts Projects accepted into the accelerator program will receive training, end-to-end support and
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Compared to the “big blockchains” on the market, Telos differentiates itself across multiple segments. With a transaction per second throughput of 10,000 TX, it scores much higher than other ecosystems.The blockchain ecosystem has grown more competitive than ever before. Numerous chains are competing for traction, yet it is always worthwhile
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Nestle expects to finalize the acquisition of The Bountiful Company during the second half of this year. Nestle SA (Swiss Exchange: NES.N-CH) announced on Friday that it has acquired core brands of The Bountiful Company for USD 5.75 billion. As part of the acquisition, Nestle noted that the transaction will include
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