Share this article
Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report
The Wall Street firm would add to the almost $360 million already raised from Winklevoss Capital, Soros Fund Management and others.
Updated May 11, 2023, 5:56 p.m. Published Feb 9, 2022, 11:47 a.m.
Global investment company KKR is in talks to join Animoca Brands' latest financing effort, taking its funding from the round to about $500 million, according to a report by Bloomberg.
- KKR is one of a number of investors in talks with Animoca, Bloomberg reported Wednesday, citing people familiar with the matter.
- The Wall Street firm, which manages alternative investments, such as private equity and hedge funds, would add to the almost $360 million raised from Winklevoss Capital, Soros Fund Management and others, which took Animoca's valuation to around $5.5 billion last month.
- Animoca is an investor in non-fungible token (NFT) and metaverse-related projects, with a portfolio that contains play-to-earn game Axie Infinity; Dapper Labs, the company behind NBA Top Shot; and OpenSea, the largest NFT trading platform.
- Hong Kong-based Animoca has more than doubled its valuation in recent months, following a $65 million fund raising at a $2.2 billion valuation in October.
- KKR declined to comment when contacted by CoinDesk. Animoca did not respond to a similar request.
Read more: The Sandbox Looks to Boost Metaverse Startups With $50M Incubator Program
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
