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Is Animoca Brands adopting apecoin?

On March 17, Animoca Brands tweeted that it had something up its sleeve in regard to apecoin (APE). The company stated: Animoca Brands is excited to announce that we’ll be adopting [apecoin] for the secret project we’ve been developing with [Bored Ape Yacht Club].

What is Animoca brand?

Animoca Brands develops, operates and invests in blockchain gaming and NFT-related companies and is underpinned by the concept of “true digital ownership,” or turning every game item into real world assets in the form of NFTs. Its most popular titles include The Sandbox and Revv Racing.

What are Animoca's key business units?

Animoca's key business units include The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games and blockchain service revenue from portfolio investments and partnerships. Earlier this year, Animoca Brands raised almost $360 million in a funding round at a $5.5 billion valuation, representing a doubling in its value in just three months.

What is Animoca brand's partnership with blockpass?

The blockchain firm Animoca Brands revealed its collaboration with Blockpass in September 2021 when the company stated it was leveraging the firm’s KYC tool to “verify NFT prize winners.” Yat Siu, the co-founder and chairman of Animoca Brands, said Blockpass technology can bring a “higher level of compliance” to the NFT ecosystem.

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