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Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation
Animocabrands

Metaverse Unicorn The Sandbox Targets to Raise $400m Funding at $4b Valuation

The Sandbox metaverse is in negotiations with investors as it looks to raise $400 million in the latest funding round.

Animoca Brands Soon to Acquire Australia's Be Media for Blockchain Development
Animocabrands

Animoca Brands Soon to Acquire Australia's Be Media for Blockchain Development

Hong Kong-based Animoca Brands has announced that it will soon acquire Australian digital marketing agency Be Media to explore the opportunities centred around blockchain development in the country.

Hong Kong’s Animoca Brands Fully Acquires Lyon-Based Eden Games
Animocabrands

Hong Kong’s Animoca Brands Fully Acquires Lyon-Based Eden Games

The new acquisition will help Animoca Brands enhance its product offerings.

Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca
Animocabrands

Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca

Blockchain game "Cross the Ages" (CTA) has received a $12 million seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.

HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m
Animocabrands

HK-Based Hex Trust Raises $88m in Funds, Valuation Touches $300m

Hong Kong-based Hex Trust raised $88 million in Series B funding led by Animoca Brands and Liberty City Ventures, following which, it saw its valuation rise to $300 million.

Animoca Brands to Halt Trading Services to Russian Users
Animocabrands

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.

HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands
Animocabrands

HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands

NFT platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management.

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups
Animocabrands

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse.

Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage
Animocabrands

Animoca Brands Receives $358M Boost, the Gaming Firm Goes on Acquisition Rampage

Animoca Brands has raised $358.88 million from investors led by Liberty City Ventures.

Animoca Brands-Backed Lympo Protocol Suffers Hack With Over $162M Loss
Animocabrands

Animoca Brands-Backed Lympo Protocol Suffers Hack With Over $162M Loss

According to a statement shared by Lympo Network with its community members, the protocol suffered a cyberattack that duly impacted its hot wallets, leading to a loss of approximately 165.2 million LMT tokens.

Animoca Brands to Cover Losses of Recent Scam Victims
Animocabrands

Animoca Brands to Cover Losses of Recent Scam Victims

Hong Kong-based Animoca Brands released a statement saying that the company will cover the losses of those who fell victim to an online scam on November 19.

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
Animocabrands

HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs

Animoca Brands is partnering with Cube Entertainment to build a metaverse and non-fungible tokens as K-pop has been taking the world by storm.