Web3 game developer and software giant Animoca Brands plans to create a $2 billion metaverse fund to support the industry.
According to the news of Japanese media channel NikkieAsia Animoca Brandsto invest in metaverse companies $2 billion fund plans to start. Co-founder and chairman of the company yacht Siu statement made by web3, metaverse and NFT will be established to support the sector and move it to a better point by investing. Animoca Capital of the fund your first investment next year was stated to do so.
Animoca so far the sandbox It is known to support many crypto and metaverse projects, especially The company will only operate in the first half of 2022. Investment in 60 companies in this area by The total number of investments is 340It has been delivered to.
Among the projects invested by the company The Sandbox (SAND), Axie Infinity (AXS), Dapper (DAPP), Flow (FLOW), GreaseMonkeyGames, CryptoGames, Infura, ImmutableX (IMX), Bondly (BOND) and SafePal (SFP) including important names in the industry.
Yat Siu, chairman of the board of Animoca Brands, also On the board of directors of ApeCoin (APE) DAO exists. According to the transferred information, the popular game of ApeCoin as well as Animoca Benji BananasIt is also planned to function in .
On the other hand, with the funds collected by Animoca at the beginning of 2022, Reaching a valuation of more than $5 billion was transferred.