Animoca Brands Invests $30 Million in Crypto Payments Application Hi

In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.

• 2023-07-27
• Animoca Brands Sean Rach portfolio companies CoinDesk expansive network Ethereum

NFT Investor Animoca Brands Cuts Target for Metaverse Fund to $800M: Reuters

When Animoca initially unveiled its plans for the fund last November, its target was $2 billion. This was then cut in half to $1 billion in January.

• 2023-03-24
• Animoca Brands NFT

Crypto firm Animoca Brands cuts target for new fund again -sources

Hong Kong-based blockchain gaming developer Animoca Brands has cut its target for its so-called metaverse fund by 20% to $800 million, people familiar with the matter said, in a further scaling back of its ambitions following volatility in the crypto sector. Animoca Brands said in November that it was working on a new Animoca Capital fund with a target of $2 billion, but then halved that target in January to $1 billion. Recently, it has trimmed the target by another 20% to $800 million, two pe

• 2023-03-24
• Animoca Brands target Australian Securities Exchange fund raising

Planet Hollywood Inks Deal With Animoca Brands to Launch NFT Club in L.A.

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• 2023-03-09
• Animoca Brands Yuga Labs Planet Hollywood