The Blockchain gaming company Animoca Brands has made a strategical move into the digital collectibles space by acquiring SOMO, a Web3 gaming and NFT startup, while the overall NFT market show signs of recovery in the first two weeks of 2026. According to the announcement, Animoca Brands is expanding its
Animoca Brands published a report detailing its revenue statistics for the last year. For FY2024 and Q4 2024, the firm recorded significant growth, and its co-founder Yat Siu expects the same in 2025. Even though several business units of teh firm, such as Moca Network, The Sandbox, and others, recorded
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have announced the formation of a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin. The JV aims to apply for a license from the Hong Kong Monetary Authority (HKMA) under its new regulatory framework. SCBHK brings its
Yat Siu, founder of Animoca Brands, has revealed two-phased reward plans for MOCA tokens. As part of the Christmas spirit, it is being given away. Siu placed an emphasis on commemorating the success of the Moca Network launch. The news has stoked enthusiasm among the Web3 community. Causing the price
Months after the Terra Luna collapse in Q2 2022, the pace of crypto fundraising slowed, falling below $3 billion—a level it has yet to regain. October 2024, however, marked a bullish trend by reaching a 28-month peak with $2.45 billion in total fundraising. According to CryptoRank, total fundraising last month
Animoca Brands’s subsidiary Mocaverse’s token MOCA went live on Thursday in the Bitget exchange. Moca Network and Animoca brands have partnered in the launch and have stated that the token brings unique utilities to Web3. The Mocaverse’s connected network is called the Moca Network for which $MOCA will serve as
Japanese art forms Anime and Manga are quite prominent with a global audience. In recent times, anime and manga have advanced into Web2 and Web3 platforms. Anime Foundation, a developing Japanese anime ecosystem, announced its partnership with MyAnimeList, Animoca Brands, Animoca Brands Japan, and San FranTokyo on Tuesday. Anime Foundation’s
Animoca Brands, the Hong Kong-based giant in web3 gaming and metaverse investments, is advancing its plan to construct an ‘open metaverse’ within the Bitcoin ecosystem by partnering with the Runes-powered Opal Protocol. The protocol’s list of “genesis members” features six portfolio companies of Animoca Brands, namely, Life Beyond, Open Campus,
Animoca Brands Japan, a subsidiary of the legendary Web3 investor Animoca Brands, unveiled an initiative to support global Web3 projects seeking to expand in Japan. Launched on Tuesday, April 3, 2024, the initiative by Animoca Brands Japan underpins the growing demand for digital assets around the world to hedge against
With the goal of bringing blockchain-based games to the 800 million users of the messaging app Telegram, Web3 investment company Animoca Brands becomes the biggest validator on The Open Network (TON) blockchain. We’re pleased to announce that we have officially become the largest validator of @ton_blockchain. As projects look to
