The Japanese “daughter” Animoca Brands attracted $ 45 million when estimated at $ 500 million

The Japanese “daughter” Animoca Brands attracted $ 45 million when estimated at $ 500 million

The Japanese division of the operator of the blockchain-game Animoca Brands attracted $ 45 million from the mother company and one of the oldest banks of the country Mitsubishi Ufj Financial Group, Inc.

We are pleased to announce that @Animocabrandskk, our Japanese subsidiary, today announced a raise of US$45M from @mufgbk_official and Animoca Brands Corporation Limited valuing the company at approximately US$500M (pre-money).

Animoca Brands Japan preliminary assessment was $ 500 million. According to the report, financing is divided equally between two investors.

Attracted funds are used to obtain licenses for “popular intellectual property”, the development of internal opportunities and promoting Web3.

The Hong Kong company is a publisher of a number of games like The Sandbox, Crazy Kings and Crazy Defense Heroes, as well as intellectual property -based digital products. Animoca Brands owns several subsidiaries, including Blowfish Studios, Quidd, Gamee, Nway, Pixowl, Forj, Lympo, Grease Monkey Games, Darewise, Notre Game and TinyTap.

The company is actively investing in Web3 sphere projects. Its portfolio includes more than 340 positions, including Colossal, Axie Infinity, Opensea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas and others.

At the beginning of 2022, Animoca Brands attracted $ 358.9 million when estimated at $ 5 billion, in July $ 75.32 million.

In the spring, the operator acquired the developer of the Games Eden Games. The amount of the transaction amounted to $ 16 million.

Recall that analysts at Messari and Dove Metrics estimated the volume of financing of blockchain startups for January-June 2022 $ 30.3 billion. Of this amount, $ 6.7 billion was on NFT projects.

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