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Animoca Brands’ portfolio is now worth over $1.5 billion

The gaming investment company Animoca Brand also reported $573 million in reservations and other income for the first four months of 2022.

Hong Kong-based investor in non-fungible projects (NFTs) and metaverse projects Animoca Brands’ portfolio investments total more than $1.5 billion across more than 340 investments investment at the end of April, according to unaudited results released by the company on Monday.

The total amount of reservations and other earnings was $148 million in Q4 of last year and $573 million for the first four months of 2022. The reservations include token sales and NFTs as well as earnings. other non-blockchain imports. The “other income” section includes gains and losses from digital asset investments and holdings.

Cash balance at $98 million and digital asset holdings at $211 million at the end of April. The company said digital asset holdings include USDC, USDT, BUSD, ETH and BTC. Other digital asset holdings, including third-party tokens, added up to $659 million.

The digital asset reserve is $4.2 billion and includes 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 services revenue from portfolio investments and partnerships.

Earlier this year, Animoca Brands raised nearly $360 million in a funding round at a $5.5 billion valuation, doubling its value in just three months.