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Akira Ming
Akira Ming
Apr 13, 2023
News

Web3 Gaming Giant Animoca Brands Earns a Spot on Fortune Crypto 40

According to Animoca Brands, the company's inclusion in Fortune Crypto 40 is an acknowledgment of the firm's critical role as a global investor in the Web3 industry.
Web3 Gaming Giant Animoca Brands Earns a Spot on Fortune Crypto 40

Animoca Brands is honored as one of the leading crypto companies

Hong Kong-based blockchain tech and VC firm Animoca Brands has been named among the Fortune Crypto 40, a list of prominent companies in the crypto industries. 

According to Fortune, Crypto 40 is a "definitive list of the most important crypto companies" across eight distinct categories: TradFi, CeFi, NFTs, Venture Capital, Data and Analytics Companies, Infrastructure Firms, Blockchain Protocol Firms, and DeFi. Animoca was named a winner in the Venture Capital category.

"We are honored to be named one of the Fortune Crypto 40. Animoca Brands is dedicated to fostering the growth of the Web3 industry by investing in and supporting companies and projects that share our vision of the open metaverse," said Yat Siu, Co-founder and executive chairman of Animoca Brands. "Together with our many portfolio companies, we are helping to build a more equitable digital tomorrow that is founded on genuine digital ownership."

Animoca Brands, also a Deloitte Tech Fast winner, is well-known for being a blockchain game publisher and a prolific Web3 investor. The company aims to advance digital property rights and contribute to the establishment of an open metaverse. 

Animoca Brands has developed and published a broad portfolio of products, including the REVV token and SAND token; original games, such as The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular IPs, such as Disney, WWE, Snoop Dogg, The Walking Dead, MotoGP™, and more. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, GAMEE, Grease Monkey Games, etc., with over 380 Web3 investments, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Alien Worlds, and Star Atlas

Last November, Animoca Brands unveiled plans to raise a Metaverse fund between $1 billion and $2 billion to supercharge Web3 developments. The company then launched a set of NFT licenses in March in a bid to protect creator royalties. 

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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