Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Animoca Brands holds $558 million in digital assets, according to unaudited disclosures.
ADOPTION NEWS

Animoca Brands holds $558 million in digital assets, according to unaudited disclosures.

By Crypto FlexsApril 17, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Animoca Brands holds 8 million in digital assets, according to unaudited disclosures.
Share
Facebook Twitter LinkedIn Pinterest Email

In its latest unaudited financial disclosure, Animoca Brands said it has $558 million in digital assets on its balance sheet.

The prolific web3 investor also said he has $291 million in cash and stablecoins. According to its website, Animoca Brands has invested in various blockchain companies such as Kraken, MetaMask, and Ledger.

“Having continued to build and scale through the challenging cryptocurrency markets in 2023, the company is now well-positioned to capitalize on the market rebound that has been evident over the past few months,” Animoca Brands said in a statement.

The company also said the financials it released Wednesday “exclude the value of the company’s approximately 400 minority investments in Web3 companies, for which valuation work is ongoing.”

Animoca Brands said its “audited financial statements for fiscal 2021 are in progress.” After a long delay, the company finally released its 2020 financial report last year.

The company said its off-balance-sheet token holdings for “all Animoca Brands web3 subsidiaries” are approximately $1.8 billion, comprised of approximately $1.3 billion of liquid tokens and $542 million of low-liquid tokens.

Animoca Brands also has several subsidiaries, including metaverse platform The Sandbox.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

RT Watson is a senior reporter at The Block, covering a variety of topics including US-based companies, blockchain games, NFTs, and more. He previously covered entertainment for The Wall Street Journal and has covered companies including Disney, Netflix, and Warner Bros. and the creator economy, with a primary focus on technological innovation across media. Previously, she covered corporate, economic and political news in Brazil at Bloomberg. She interviewed a wide range of figures for RT, including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers, and convicted criminals. She holds a Master’s degree in Digital Sociology.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

Xviral: A new game-changing platform combining social media, cryptocurrency and gaming

January 8, 2025

3 Questions About SEC’s Sudden ETH ETF Approval

May 26, 2024

DBS Bank launches ‘Token Service’ for blockchain-based banking

October 21, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.