Tagged: yat siu

Animoca Brands Secures $110M via Round Led by Temasek, Boyu Capital, GGV Capital

Animoca Brands Corporation Limited, the company advancing digital property rights for the open metaverse, announced that it has closed a funding round for US$110 million (approximately A$159 million) from the issuance of convertible notes “to a small number of institutional investors at a conversion price… Read More

Top Asian Bank DBS Partners with “The Sandbox” to Enter the Metaverse

Leading Asian bank DBS is entering the metaverse to demonstrate how the virtual realm may be utilized for good. In partnership with The Sandbox, a subsidiary of Aninoca Brands, DBS will launch DBS BetterWorld. DBS is a Singapore-based bank that operates in 18 different markets… Read More

Shima Capital Debuts with $200M to Support Web3 Founders During Crypto Bear Market

Shima Capital, a global venture firm that invests in early-stage blockchain companies across all market cycles, announced that it has launched its debut fund, Shima Capital Fund I and has “collectively raised $200 million.” The Fund received significant “support from notable investors including Dragonfly Capital,… Read More

WingRiders, a Cardano-Based DEX Closes Seed Round

WingRiders, a native Cardano decentralized exchange, recently announced the close of its seed and private funding round with investors including Animoca Brands, Matrixport, Spark Digital Capital, Double Peak, and Bitrue. The company emerged from stealth mode in December 2021 with a fully working prototype deployed… Read More

Immutable Welcomes $200M Series C, Adds Quartet of Executives

Immutable, a carbon-neutral, scalable platform for trading NFTs on Ethereum, this week announced it secured $200 million in Series C financing led by Temasek, with investments from Animoca Brands and Tencent, bringing its valuation to $2.5 billion. ParaFi Capital, Princeville Capital, Arrington Capital, Mirae Asset and Liberty Global also… Read More

Animoca Brands Takes Rare Industry Step to Ban Russian Involvement

Animoca Brands, a blockchain gaming powerhouse is responding to the war in Ukraine but prohibiting Russian involvement with its business and properties, according to a Bloomberg article published today. A member of the Financial Times High Growth Companies Asia-Pacific 2021 list, Animoca Brands develops digital… Read More

Enterprise focused NFT Solution Provider Sweet Announces Strategic Investment from Animoca Brands

Sweet, the enterprise-focused NFT solution that aims to offer a user-friendly, consumer-first, environmentally “conscious” approach to providing digital collectibles, recently announced a strategic investment from Animoca Brands, which is described as an “influential force” in gaming. Of note is the news that Animoca recently raised… Read More

CryptoKitties Company Launches New Blockchain for Collectibles

Dapper Labs, creator of CryptoKitties, has secured $11 million USD in funding from private partners to continue developing a new blockchain called Flow. Flow will be used mainly to circulate digital collectibles like CryptoKitties, a project that once clogged the Ethereum network due to a… Read More

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