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Benzinga
Benzinga
Business
Samyuktha Sriram

NFT Metaverse-Focused Animoca Brands Raises $360M At $5B Valuation

Animoca Brands Animoca Hong Kong

Hong Kong-based Animoca Brands has raised $358.8 million at a $5-billion valuation from investors to fund NFT, gaming, and metaverse acquisitions.

What Happened: According to a report from TechCrunch, the eight-year-old company is now valued at triple the amount it was in October 2021.

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