.animocabrands’ investment portfolio is now worth $1.5 billion across more than 340 investments, according to unaudited results from the company. BrandyBetz reports
Bookings and other income totaled $148 million for the fourth quarter of last year and $573 million for the first four months of 2022. Bookings include token and NFT sales and other non-blockchain earnings. The “other income” portion includes gains and losses from investments and digital asset holdings.
Cash balances stood at $98 million and digital asset holdings at $211 million at the end of April. Digital asset holdings included USDC, USDT, BUSD, ETH and BTC, the company said. Other digital asset holdings, including third-party tokens, added up to $659 million. Digital asset reserves were $4.2 billion and included the Animoca Brands tokens SAND, QUIDD, PRIMATE, REVV, TOWER and GMEE, among others.
Animoca's key business units include The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games and blockchain service revenue from portfolio investments and partnerships.in a funding round at a $5.5 billion valuation, representing a doubling in its value in just three months.
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