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Animoca Brands: $172 million in cash and stablecoins held as of November 30

Animoca Brands: $172 million in cash and stablecoins held as of November 30

Cointime2023/12/18 08:25
By: Cointime
SAND+0.42%

According to data disclosed by Animoca Brands, as of November 30, 2023, Animoca Brand held a cash and stablecoin balance of $172 million, and the total value of third-party tokens held (including off-balance sheet SAND token reserves) was approximately $330 million, with off-balance sheet token reserves (including ecological tokens) valued at approximately $1.6 billion. In addition, Animoca Brands stated that the number of companies it has invested in has exceeded 400, including about 110 in the gaming industry, about 50 in the infrastructure industry, about 29 in the DeFi industry, and about 13 in the Metaverse industry.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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