Share this article
Animoca Completes Funding Round, Gets an Extra $50M From Coinbase, Samsung
The new capital will be used to fund strategic investments, product development and licenses for popular intellectual property.
Updated Sep 14, 2021, 1:19 p.m. Published Jul 1, 2021, 12:00 p.m.
Games maker Animoca Brands has finalized its $138.8 million capital raise through a second tranche of $50 million, according to a press release on Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Notable investors included Blue Pool Capital, Coinbase Ventures, Gobi Partners, Korea Investment Partners, Liberty City Ventures and Samsung Venture Investment Corporation.
Token Bay Capital, zVentures – Razer Inc.'s corporate venture arm – and other prominent investors also participated. To commemorate its "unicorn valuation," the company will issue non-fungible tokens (NFTs) to its investors and partners, according to the release.
The new capital will be used to fund strategic investments and acquisitions, product development and licenses for popular intellectual properties, the company said.
Read more: Animoca to Develop MotoGP Blockchain Game With Crypto Collectibles
Animoca's second and final round of the raise comes on the heels of its first tranche in May, having raised some $88.8 million based on a valuation of $1 billion. The latest $50 million came at a subscription price of A$1.10 per share, for a total of 164.8 million new shares.
Being no stranger to the blockchain and crypto arenas, Animoca inked a deal in 2019 with MotoGP rights holder Dorna Sports to develop and publish a race management game leveraging blockchain tech and custom smart contracts.
The company said its focus is to bring about digital property rights to video gamers and the metaverse through the use of blockchain and NFTs in order to establish play-to-earn models and digital asset interoperability.
See also: Next-Gen Game Developer Mythical Raises $75M for Playable NFTs
"We are about to experience fundamental change in multiple aspects of our digital lives including the ways in which we enjoy games and purchase and utilize virtual goods," a spokesperson for Samsung Venture Investment Corporation said in the release.
*CORRECTION (JULY 1 13:39 UTC): Removes reference to ASX listing from first sentence.
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
BNB falls below key support as crypto market cap slips toward $3T
The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.
What to know:
- BNB dropped over 3% to $850, undercutting key support zones and erasing earlier session gains, despite a brief technical breakout attempt near $888.
- The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.
- The dip occurred amidst a surge in 24-hour trading volume to $115.7 billion.
Top Stories
