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Data: As of the end of March this year, Animoca's balance sheet held $558 million in digital assets, with a total of $291 million in cash and stablecoins

Data: As of the end of March this year, Animoca's balance sheet held $558 million in digital assets, with a total of $291 million in cash and stablecoins

Bitget2024/04/26 09:28

ChainCatcher news, according to Tech In Asia, according to unaudited data as of March 31, 2024, Animoca Brands held a total of $291 million in cash and stablecoins, up from $194 million held on April 30 last year. In addition, Animoca said it holds $558 million in digital assets on its balance sheet. Since December 2023, Animoca's external investments and token issuance have increased its digital portfolio by $266 million. In addition to the balance sheet, Animoca's Web3 subsidiary has token reserves worth approximately $1.8 billion. And this figure does not include the value of nearly 400 minority investments in other Web3 businesses.

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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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