Animoca Brands Raised $75M at Pre-money Valuation of $5.9B with Participation from Liberty City Ventures and Others

Animoca Brands announced that it has raised $75.32m at a pre-money valuation of $5.9b. Investors included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures and others. The fund raised will be used to continue to fund strategic acquisitions, investments, and product development, secure licenses for popular intellectual properties, and advance the open metaverse, including through its efforts to promote digital property rights for online users.