Is Animoca Brands adopting apecoin?

On March 17, Animoca Brands tweeted that it had something up its sleeve in regard to apecoin (APE). The company stated: Animoca Brands is excited to announce that we’ll be adopting [apecoin] for the secret project we’ve been developing with [Bored Ape Yacht Club].

How much is Animoca Brands worth?

Animoca Brands has raised nearly $360 million in a new funding round that values the Hong Kong-based blockchain gaming business at $5.4 billion, the company announced Tuesday. The investment more than doubles its previous valuation of $2.2 billion from October 2021 and brings its total capital raised to almost $700 million.

Is Animoca Brands a blockchain gaming company?

Animoca Brands isn’t the only blockchain gaming company experiencing a sudden cash infusion. Competitor Mythical Games, which develops both blockchain games and the technology behind them, raised $75 million in June, and three months later, Sorare raised $680 million for its blockchain-based fantasy soccer game.

What are Animoca's key business units?

Animoca's key business units include The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games and blockchain service revenue from portfolio investments and partnerships. Earlier this year, Animoca Brands raised almost $360 million in a funding round at a $5.5 billion valuation, representing a doubling in its value in just three months.