The Hong-Kong based firm Animoca Brands announced Thursday that it raised nearly $139 million total in its most recent funding round, according to a company release.
Animoca provides digital property rights through non-fungible tokens (NFTs) and blockchain tech, giving gamers the ability to own or exchange digital assets or properties in video games.
Investors in Animoca’s most recent round include Coinbase Ventures, the investment arm of the crypto exchange giant Coinbase — the CEO of which had released his own NFTs. Over Animoca investors include Blue Pool Capital, Liberty City Ventures, Korea Investment Partners, Gobi Partners, Samsung Venture Investment Corporation, Scopely, Token Bay Capital, and zVentures.
The round was “conducted at a pre-money valuation of US$1 billion,” per the firm.
“We are honored and excited to welcome strategic investors who offer powerful synergy and partnership opportunities,” said Yat Siu, co-founder and chairman of Animoca Brands, in
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