Hong Kongbased blockchainand investment company Animoca Brands, metaverseto invest in startups 2 billionA dollar fund will be launched.
In the crypto industry, it is one of the most adopted building blocks. metaverse it happened. The technology, which offers a real-world-like environment where users can interact, has become popular globally. Facebook founder Mark Zuckerberg, rebranded the company to the name Meta. Zuckerberg accelerated its work in this sector with a billion-dollar resource. In addition, many crypto projects of the industry also came to the fore. Sandbox and Decentraland Coins like these have reached levels of billions of dollars according to their market value. However, the recent crypto bear market has also been influential in the metaverse space. Sector, 80 percent It experienced a volume and depreciation of over . Another move related to new technology is Animoca Brands It came from Company, 2 billiondollar fund.
Metaverse Move from Blockchain Company
Animoca Brandsco-founder yacht Siu, Hong KongHe stated that the based blockchain company is focusing on metaverse investments.
Animoca Brands, in 2018 sandboxparent company of the project Pixowl He got all the attention by buying it. Blockchain company, with its initiatives 5 billionmanaged to reach a market value of $. animoAmong those who have invested in Singapore, Singapore’s state investment fund Temasekis also included.
Co-founder of the company yacht Siu, Nikkei Asia Conducted an interview in co-founder, Animoca CapitalHe stated that they will set up an investment fund named after him and that they will start it next year.
Siu stated that the main focus of their investments is everything in digital property rights. Seen as the pioneer of Web3 technology animo, OpenSeaand Dapper Labsto projects such as 400 millioninvested close to $.
