Tag "Animoca Brands"

The Sandbox by Animoca Brands Gets US$20M Funding at US$1B Valuation

The Sandbox, a user-generated content (UGC) metaverse platform under Animoca Brands, has announced a US$20 million (HK$156 million) funding round through convertible promissory notes, capped at a US$1 billion (HK$7.81 billion) valuation. Kingsway Capital and Animoca Brands led this strategic

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HashKey Exchange and Animoca Brands Forge Partnership to Boost Web3 Ecosystem

HashKey Exchange, a virtual asset exchange based in Hong Kong, and Animoca Brands, a firm specialising in digital property rights for gaming and the metaverse, have entered a strategic partnership, formalised through a Memorandum of Understanding (MoU). This collaboration seeks

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Saudi Arabia’s NEOM to Invest US$50 Million in Animoca Brands

Metaverse ecosystem builder Animoca Brands and Saudi Arabia’s NEOM Company have announced a strategic partnership to drive Web3.0 development in the region. NEOM is a special economic zone in the north west of the Kingdom of Saudi Arabia with more

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Animoca Brands to Invest US$30 Million in Web3.0 Super App hi

Metaverse ecosystem builder Animoca Brands will invest US$30 million in Web3.0 financial super app and ecosystem hi as part of its partnership to expand the utility of fungible tokens and NFTs within the Web3 space. Animoca said in a statement

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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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