As the world shifts progressively towards the digital, Animoca Brands is looking beyond national confines. Significantly, the multinational technology company intends to expand its operations worldwide. Despite recent events regarding its SAND token, global ambition remains undeterred. In a surprising twist, the SAND token has been dubbed unregistered security by
According to those acquainted with the situation, Hong Kong-based blockchain game firm Animoca Brands has scaled down its plans by another 20%, lowering its objective for its so-called metaverse fund to $800 million. In November, Animoca Brands announced that it was planning a new $2 billion Animoca Capital fund. But
Yat Siu, the co-founder of Animoca Brands, a gaming company, has indicated that royalties have helped drive the rise of the non-fungible token (NFT) market. All of these developments occurred due to the fact that royalties were conceivable as per Siu. Siu, the co-founder of the Hong Kong-based firm, has
On Thursday, Animoca Brands, a company specializing in digital entertainment, revealed that they will be opening a private club in Los Angeles. Club 3 is being introduced by the Meta Hollywood partnership with the Planet Hollywood Group. Cryptocurrency and the entertainment industry both have long-standing traditions of exclusive clubs. Yuga
Animoca Brands has scaled down its initial goal of $2 billion and will instead raise $1 billion for its metaverse investment fund in the first quarter of this year. Chairman Yat Siu of Animoca Brands told Bloomberg in a Twitter Spaces conversation: “We had initially looked at a target of
According to Yat Siu, co-founder and executive chairman of Hong Kong’s blockchain gaming behemoth Animoca Brands, the company will soon launch a gigantic $2 billion fund, entitled “Animoca Capital,” to invest in metaverse firms. During an interview with Nikkei Asia, the executive said that digital property rights would be a
