Animoca Brands has easily completed a securities offering on AngelHub, a Hong Kong-based firm that is the only investment crowdfunding platform regulated by the Securities Financial Commission (SFC).
Animoca raised USD $2.3 million on AngelHub as part of a larger USD $139 million funding round. The company raised money at a pre-money valuation of USD $1 billion.
AngelHub joined VCs in the funding round including Gobi Partners, Samsung Venture Investment Corporation, RIT Capital Partners (formerly Rothschild Investment Trust), Kingsway Capital, Axia Infinity Ventures, HashKey Fintech Investment Fund and more.
Karen Contet, AngelHub co-founder & CEO, commented on the offering:
“AnimocaBrands is the second unicorn AngelHub invests in, a tech investment opportunity usually only available to institutional investors. We continue our mission to provide highly vetted tech investment opportunities from early-stage Series A up to tech unicorns to our network of professional investors, validating their appetite to invest in tech companies revolutionizing the way we live.”
Karena Belin, AngelHub co-founder & COO, added:
“Our investment in Animoca Brands enables our network of professional investors to fuel the growth of a company that is changing market dynamics and driving value creation in an impactful way. We expect significant growth in the adoption of blockchain-powered games and Animoca Brands is ideally positioned to drive and benefit from this – which is reinforced by the traction that the company has among our great pool of investors.”
Animoca Brands will use the money to finance strategic investments and acquisitions, product development, and licenses for popular intellectual properties.
Animoca Brands has been recognized as one of the FT High Growth Companies Asia-Pacific 2021 and claims to be the global leader in blockchain gaming. The company focuses on digital entertainment, blockchain, gamification, and artificial intelligence along with bringing digital property rights to video gamers and the Metaverse through the use of blockchain and non-fungible tokens (NFTs).
AngelHub enables sophisticated individual investors to access high-quality private securities offerings.
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