Animoca Brands

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Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit

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Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like Animoca Brands, a16z, Dialectic, Paradigm, and … Read more

Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’  

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Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht … Read more

British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership

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The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider to enter The Sandbox metaverse. HSBC Steps Into the Metaverse Over the last 12 months, … Read more

Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion

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Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster … Read more

Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea

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Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca … Read more