Yat Siu, co-founder and CEO of Animoca Brands, at the company’s office in Hong Kong. The company’s latest US$75 million fundraising round brings its total valuation to US$5.9 billion. Photo: SCMP
Yat Siu, co-founder and CEO of Animoca Brands, at the company’s office in Hong Kong. The company’s latest US$75 million fundraising round brings its total valuation to US$5.9 billion. Photo: SCMP
Blockchain

Hong Kong blockchain unicorn Animoca Brands raises another US$75 million as crypto crash persists

  • Animoca Brands is now valued at US$5.9 billion and plans to use its funds for new acquisitions and licensing intellectual property
  • The company, known for its metaverse platform The Sandbox, has been a staunch Web3 supporter amid a crypto crash that has wiped billions from popular tokens

Yat Siu, co-founder and CEO of Animoca Brands, at the company’s office in Hong Kong. The company’s latest US$75 million fundraising round brings its total valuation to US$5.9 billion. Photo: SCMP
Yat Siu, co-founder and CEO of Animoca Brands, at the company’s office in Hong Kong. The company’s latest US$75 million fundraising round brings its total valuation to US$5.9 billion. Photo: SCMP
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