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News

Animoca Brands Announces 2022 Financial Report: Digital Asset Holdings Surpass $2 Billion

August 28, 2023 - Around 2 mins mins to read

Key Points:

  • Animoca Brands’ 2022 financial report showcases a robust investment portfolio exceeding $2 billion in digital asset value, including renowned brands like The Sandbox and a diverse token portfolio.
  • With significant growth in investments and digital assets, Animoca Brands demonstrates its leadership in the gaming and blockchain space, setting the stage for continued innovation and industry advancement.
Leading digital entertainment and gaming company, Animoca Brands, has unveiled its comprehensive financial performance report for the fiscal year 2022. 
Animoca Brands Announces 2022 Financial Report: Digital Asset Holdings Surpass $2 Billion

The investment portfolio of Animoca Brands, which includes well-known entities like The Sandbox, GAMEE, and REVV Motorsport, demonstrated remarkable expansion. The book value of this portfolio soared to $402 million, marking an impressive increase from the previous fiscal year’s $291 million. Notably, Animoca Brands secured over $100 million in funding to bolster its financial strength.

With a focus on maintaining robust liquidity, Animoca Brands’ cash and stablecoin balance stood at approximately $191 million. The company has also made minority investments in more than 380 portfolio companies, showcasing its commitment to fostering innovation within the broader digital ecosystem.

A highlight of Animoca Brands’ performance lies in its digital asset holdings. The total value of digital assets currently held by the company has exceeded a remarkable $2 billion. This impressive figure comprises The Sandbox tokens and reserves, accounting for approximately $469 million, and various Animoca brand-related tokens such as PROS, ASTRAFER, QUIDD, PRIMATE, REVV, TOWER, and GMEE, contributing around $1.6 billion to the total.

This milestone underscores Animoca Brands’ position as a key player in the digital entertainment and blockchain space. By leveraging a diverse portfolio of investments and digital assets, the company continues to pave the way for innovation and growth within the industry.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Chubbi

Coincu News

News

Animoca Brands Announces 2022 Financial Report: Digital Asset Holdings Surpass $2 Billion

Key Points:

  • Animoca Brands’ 2022 financial report showcases a robust investment portfolio exceeding $2 billion in digital asset value, including renowned brands like The Sandbox and a diverse token portfolio.
  • With significant growth in investments and digital assets, Animoca Brands demonstrates its leadership in the gaming and blockchain space, setting the stage for continued innovation and industry advancement.
Leading digital entertainment and gaming company, Animoca Brands, has unveiled its comprehensive financial performance report for the fiscal year 2022. 
Animoca Brands Announces 2022 Financial Report: Digital Asset Holdings Surpass $2 Billion

The investment portfolio of Animoca Brands, which includes well-known entities like The Sandbox, GAMEE, and REVV Motorsport, demonstrated remarkable expansion. The book value of this portfolio soared to $402 million, marking an impressive increase from the previous fiscal year’s $291 million. Notably, Animoca Brands secured over $100 million in funding to bolster its financial strength.

With a focus on maintaining robust liquidity, Animoca Brands’ cash and stablecoin balance stood at approximately $191 million. The company has also made minority investments in more than 380 portfolio companies, showcasing its commitment to fostering innovation within the broader digital ecosystem.

A highlight of Animoca Brands’ performance lies in its digital asset holdings. The total value of digital assets currently held by the company has exceeded a remarkable $2 billion. This impressive figure comprises The Sandbox tokens and reserves, accounting for approximately $469 million, and various Animoca brand-related tokens such as PROS, ASTRAFER, QUIDD, PRIMATE, REVV, TOWER, and GMEE, contributing around $1.6 billion to the total.

This milestone underscores Animoca Brands’ position as a key player in the digital entertainment and blockchain space. By leveraging a diverse portfolio of investments and digital assets, the company continues to pave the way for innovation and growth within the industry.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Chubbi

Coincu News

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