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Animoca secures extra $10m for membership NFT collection

Animoca Brands has garnered an additional US$10 million for its upcoming membership NFT collection Mocaverse, increasing total investment to US$31.88 million.

The funding will focus on developing consumer crypto infrastructure.

Investors such as OKX Ventures, CMCC Global, and HongShan have participated in this investment round.

The funds will support the advancement of Mocaverse’s Web3 technologies infrastructure.

Recent Animoca Brands developments

Timeline
04-Jun-2024 🤝 Animoca Brands, EVG to beef up each other’s projects via tie-up
  • Animoca Brands and EVG team up for Web3 growth.
  • Both firms to invest in each other’s projects.
26-Apr-2024 💰 Animoca Brands holds $291m in assets amid rocky 2023 for crypto
  • Animoca Brands holds $291M in cash and stablecoins.
  • Company’s digital assets rose by $266M since Dec 2023.
14-Mar-2024 🎮 Animoca Brands expands MENA footprint with investment in UAE gaming firm
  • Animoca invests in UAE’s Param Labs for Web3
  • Funding aims to boost gaming infrastructure expansion
29-Feb-2024 🎮 Animoca Brands invests in SG Web3 entertainment startup
  • Imaginary Ones expands into gaming, content, and merch.
  • New funding secured, games hit 6M plays in 3 weeks.
16-Feb-2024 🤝 Animoca Brands partners with 3 crypto wallets for Web3 network Mocaverse
  • Mocaverse partners with OKX, Crypto.com, Halo
  • Moca IDs enable access to Mocaverse ecosystem

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