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].

How much is Animoca Brands worth?

Animoca Brands has raised nearly $360 million in a new funding round that values the Hong Kong-based blockchain gaming business at $5.4 billion, the company announced Tuesday. The investment more than doubles its previous valuation of $2.2 billion from October 2021 and brings its total capital raised to almost $700 million.

Is Animoca Brands a blockchain gaming company?

Animoca Brands isn’t the only blockchain gaming company experiencing a sudden cash infusion. Competitor Mythical Games, which develops both blockchain games and the technology behind them, raised $75 million in June, and three months later, Sorare raised $680 million for its blockchain-based fantasy soccer game.

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.