Animoca Brands Holds $1.5B in Crypto and Blockchain Gaming Assets Across 340 Investments

Animoca Brands said it holds portfolio investments worth $1.5 billion in crypto and blockchain gaming across 340 companies. Animoca Brands, which focuses most of its investments in the blockchain gaming space, reported bookings and other income of $148 million for the fourth quarter ended December 31 and $573 million for the four months ended April 30, 2022. The company has a cash balance of $98 million and $211 million worth of digital asset holdings including USDC, USDT, BUSD, ETH and BTC as of the end of April. Other digital asset holdings include third-party tokens of $659 million.