Tag "Animoca Brands"

Animoca Brands, LayerZero Launch Hackathon With Its First Stop at Cyberport

Metaverse ecosystem builder Animoca Brands and blockchain interoperability protocol LayerZero have launched a global hackathon to demonstrate real-world use cases of interoperable digital assets. The LayerZero-Animoca Brands Hackerhouse will gather developers, projects and companies to conceptualise and build proof-of-concepts that

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Hex Trust Gets MVP License to Offer Virtual Asset Custodial Services in Dubai

Hex Trust, a digital asset custodian licensed in Hong Kong and Singapore, has received a Minimum Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The MVP license allows Hex Trust to provide a range of virtual asset

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AXA Emerges as the First Insurer in Hong Kong to Enter The Sandbox Metaverse

AXA has emerged as the the first insurer in Hong Kong to enter The Sandbox metaverse which is a decentralised gaming virtual world and a subsidiary of Animoca Brands. Through this partnership, AXA Hong Kong has acquired a 3×3 LAND

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Animoca Brands Raises US$38M From True Global Ventures, Appoints New CFO

True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) has invested US$38 million in Animoca Brands and bought US$16 million in equity from the secondary market. This comes in addition to TGV’s participation in the

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Top 10 Investors Supporting Hong Kong’s Fintech Scene in 2022

With a strong capital pool and supportive government-led policies, Hong Kong has offered a solid foundation for companies to innovate, scale and transform the future of fintech. Today, Hong Kong has one of the highest consumer fintech adoption rates (67%) in the

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Animoca Brands Japan Raises US$45 Million From Parent Firm and MUFG

Animoca Brands’ Japanese subsidiary announced that it has raised a total of US$45 million to increase the value and utility of its branded content while fostering the development of a safe and secure NFT ecosystem in the country. The investment

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Animoca Brands Raises Over US$75 Million With US$5.9 Billion Valuation

Animoca Brands, the company driving digital property rights via NFTs and gaming to build the open metaverse, announced that it has raised US$75.32 million. According to a report by CoinDesk, the fundraise values Animoca Brands at US$5.9 billion. The current

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HSBC Partners Animoca Brands’ The Sandbox to Make Its Metaverse Debut

HSBC has partnered with The Sandbox, a decentralised gaming virtual world and subsidiary of Animoca Brands, to connect with an emerging generation of metaverse participants and entrepreneurs through immersive experiences. The bank said that it is acquiring a 3×3 LAND

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NFT Platform UCOLLEX Closes US$10 Million Series A Led by Animoca Brands

UCOLLEX, a Hong Kong-based NFT platform, announced that it has completed a US$10 million Series A funding round led by Animoca Brands and MCP IPX One Fund (IPX Fund), which was established by MCP Asset Management (Japan). The company runs a

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Animoca Brands’ The Sandbox Invests US$50 Million in Metaverse Accelerator

The Sandbox, a decentralised gaming metaverse and a subsidiary of Animoca Brands, has committed US$50 million to global venture accelerator Brinc for The Sandbox Metaverse Accelerator Programme, which will target 100 startups to enhance the open metaverse. With applications now

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