June 7, 2023

Bobbys Brane

Bobbys Brane – Business & Tech Blog

Animoca creates billion-dollar metaverse fund for developers By Cointelegraph

1 min read

The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Asia on Nov. 30.

Animoca Brands’ co-founder Yat Siu said in an interview that the fund could potentially have up to $2 billion dollars to allot to mid to late-stage startups with a metaverse focus. The fund and the exact amount available to developers have yet to be finalized.

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