By finance.yahoo.com on January 19, 2022
Metaverse gaming company Animoca Brands raised nearly $360 million in a funding round led by Liberty City Ventures, the company said on Tuesday, valuing the firm at more than $5 billion. Animoca Brands - an Australian company with headquarters in Hong Kong - invests in and builds blockchain-based online virtual worlds, in which assets such as land can often be bought in the form of non-fungible tokens (NFTs). It has invested in more than 150 NFT and metaverse-related companies.