Animoca Brands Metaverse Fund Denies Report: Still 1 Billion!

Hong Kong-based blockchain game developer Animoca Brands has denied claims that it has cut its Web3 and metaverse funding target to $800 million.

Animoca Brands co-founder Yat Siu said in a press release on the subject on March 25 that the company web3 And metaverse fund target 20% by downloading 1 billion from dollars 800 million The news about the withdrawal of dollars does not reflect reality stated.

The Siu fund was initially publicly disclosed your goal, depending on the capital raised Between $1 and $2 billion stated that it will happen. In this context, your goal 1 billion dollars withdrawal One “downgrade” He also stressed that it is not.

Also, the company 6 billion dollar secondary market of the value 2 billion He also claimed that he had fallen as low as $ not taking seriously Siu, the amount mentioned it’s not true underlined.

On the other hand, FTX and banking crises fundraising efforts on serious One effect admitting to being co-founder, nevertheless, their work going on and the public about the details will be informed stated.

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