{"id":51519,"date":"2021-10-20T18:08:15","date_gmt":"2021-10-20T15:08:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51519"},"modified":"2025-09-03T00:08:07","modified_gmt":"2025-09-02T21:08:07","slug":"animoca-brands-raises-65-million-at-a-2-2-billion-valuation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/animoca-brands-raises-65-million-at-a-2-2-billion-valuation\/","title":{"rendered":"Animoca Brands raises $65 million at a $2.2 billion valuation"},"content":{"rendered":"<p>Hong Kong-based blockchain-game developer Animoca Brands announced a financing round of $65 million, valuing the company at $2.2 billion.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We have closed a capital raise for US$65 million conducted at a pre-money valuation of US$2.2 billion! Investors in the round included Ubisoft, Sequoia China, Dragonfly Capital, and more.<a href=\"https:\/\/t.co\/Au7ioVycGy\">https:\/\/t.co\/Au7ioVycGy<\/a><a href=\"https:\/\/twitter.com\/hashtag\/fundraising?src=hash&#038;ref_src=twsrc%5Etfw\">#fundraising<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/unicorn?src=hash&#038;ref_src=twsrc%5Etfw\">#unicorn<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/OpenMetaverse?src=hash&#038;ref_src=twsrc%5Etfw\">#OpenMetaverse<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DigitalPropertyRights?src=hash&#038;ref_src=twsrc=twsrc%5Etfw\">#DigitalPropertyRights<\/a><\/p>\n<p>\u2014 Animoca Brands (@animocabrands) <a href=\"https:\/\/twitter.com\/animocabrands\/status\/1450784361993805829?ref_src=twsrc%5Etfw\">October 20, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Among the investors were Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital, Com2uS, Kingsway Capital, 10T Holdings, Tron founder Justin Sun, and others.<\/p>\n<p>The funds will be used to finance strategic investments, product development, and intellectual-property licensing.<\/p>\n<p>According to co-founder and chairman Yat Siu, the company has leveraged investor interest to forge relationships with major players in the traditional gaming space.<\/p>\n<p>Animoca Brands is the developer of NFT games F1 Delta Time, The Sandbox, and others. The company actively invests in the NFT market, including projects such as OpenSea, Dapper Labs, Bitski, Star Atlas and Axie Infinity.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/rothschild-family-fund-backs-nft-game-developer\">In May the company raised $88.9 million<\/a> from Rothschild family fund RIT Capital Partners, Huobi and other investors.<\/p>\n<p>In July the company received <a href=\"https:\/\/forklog.com\/en\/news\/nft-game-developer-animoca-brands-raises-50-million-from-coinbase-ventures-and-other-investors\">another $50 million<\/a> from Coinbase Ventures, Samsung Venture Investment Corporation, Blue Pool Capital and others.<\/p>\n<p>In September the developer signed a binding <a href=\"https:\/\/forklog.com\/en\/news\/animoca-brands-to-acquire-bondly-nft-platform\">agreement to purchase a controlling stake in<\/a> NFT platform Bondly.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based blockchain-game developer Animoca Brands announced a $65 million financing round, valuing the company at $2.2 billion.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1155,52,1213,2169],"class_list":["post-51519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-games-and-gamefi","tag-investments","tag-nft","tag-ubisoft"],"aioseo_notices":[],"amp_enabled":true,"views":"46","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51519"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51519\/revisions"}],"predecessor-version":[{"id":51520,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51519\/revisions\/51520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}