Animoca Brands raises $358.8M at $5B valuation for NFT games and open metaverse

Animoca Brands has raised a new round of funding — the fourth time since May — and this time the company has scooped up $358.8888 million at a $5 billion premoney valuation. It’s another endorsement for blockhain gaming and the company’s attempt to spawn an open metaverse.

Liberty City Ventures led the round, with other investors including 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident, Senator Investment Group, Sequoia China, Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management, Winklevoss Capital, and others.