NFT game developer Animoca Brands is claiming the status of crypto’s latest unicorn after raising almost $89 million at a $1-billion valuation.
NFT-focussed game developer Animoca Brands has announced the completion of an $88,888,888 capital raise based on a valuation of $1 billion.The raise was announced on Thursday, with participants including Kingsway Capital, HashKey Fintech Investment Fund, RIT Capital Partners and Huobi. Up to 93.4 million newly issued shares in Animoca Brands will be distributed to the investors at a subscription price of $0.85 each.Animoca Brands co-founder and chairman Yat Siu noted that its strategic investors share the company’s “vision for NFTs redefining equity and property rights online.” Kingsway founder and CEO Manuel Stotz added:“The emergence of digital property rights, whether via Bitcoin or NFTs, is perhaps the greatest opportunity for financial inclusion for the bottom three

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Źródło: https://cointelegraph.com/news/nft-game-developer-animoca-brands-completes-capital-raise-at-1b-valuation