- 1 Fortune Crypto 40 ranked Animoca Brands as the industry’s second-leading crypto venture capital.
- 2 Animoca Brands has appointed Mr. Daisuke Iwase as the new CEO of Japan Subsidiary.
- 3 According to The Sandbox Twitter handle, the company’s Instagram account has been compromised.
Animoca Brands ranked 2nd in the Fortune’s Crypto 40, co-founder Yat Sui posted on Twitter. Sui appreciated everyone, including the Animoca community, shareholders, portfolio holders, and those supporting the company to develop better products.
Animoca Brands has developed numerous successful products, including Sandbox, Power Rangers: Legacy Wars, Power Rangers: Battle for the Grid, Wonder Park, Fan Controlled Football, and others.
Fortune Crypto 40 is an initiative that brought a ranking slab giving recognition to a company according to its position in the crypto industry. The ranking is categorized into eight different sectors, and Animoca Brands is a ranking company in Venture Capital Category.
According to Fortune, Animoca Brand is the most focused company actively participating in the crypto industry and funding for developing gaming and NFT sectors.
On April 10, 2023, Animoca Brands Japan, the subsidiary of Animoca Brands Corporation Limited, appointed Mr. Daisuke Iwase as its new Chief Executive Officer, the position earlier held by Motoki Tani. The newly appointed CEO, Iwase is known to find KLKTN, one of the companies in the portfolio of Animoca Brand. KLKTN is a blockchain company that develops NFTs and digital collectibles focused on anime characters.
As per Animoca Brand Website, it is noted that the company has more than 20 subsidiaries, such as The Sandbox, Grease Monkey Games, Eden Games, Notre Game, TinyTap, WePlay Media, Quidd GAMEE,nWay, Pixowl, and so on.
Some major Web3 investments of Animoca Brands are Yield Guild Games, Harmony, Alien Worlds, Star Atlas, Axie Infinity, OpenSea, Dapper Labs, and others.
“Do not click access to links”: Animoca Brands Subsidiary Release Warning
According to TheCoinRepublic, The Sandbox’s Instagram account gets hacked again for the third time. The Twitter handle of The Sandbox, posted on April 11, warned its Instagram and Twitter followers that its Instagram account had been compromised. Do not click access to any link from its Instagram account. Meanwhile, The Sandbox community says that the team is working hard to figure out the issue and will update about the same shortly.
Animoca Brand is a Hong-Kong based software company and a venture capital company founded in 2014 by Yat Sui and David Kim. According to Crunchbase, the company has invested in 300+ companies, some leading among them being Particle Network, Superplastic, Polyhedra Network, Brave Group, Colossal Bioscience, LandValults, and many more in the list.
Animoca Brands has acquired 25+ companies, including Notre Games, Be By Animoca Brands, Pixelynx, Bondly, Eden Games, and Darewise Entertainment.
More than 10 giant venture capital companies have invested in Animoca Brands. Their names go as follows.
- True Global Venture
- GGV Capital
- Temasek Holdings
- Liberty City Ventures
- Dragonfly Capital
- Summer Capital
- Token Bay Capital
- Kingsway Capital
- M7 Alternative Investment Strategies Asia, and
- Mind Fund
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Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.