coinlynch
@coinlynch
Animoca Brands 👀 Animoca Brands raises additional $10M 💰for Mocaverse with participation by OKX Ventures, CMCC Global, Hong Shan (formerly Sequoia China), with attached MOCA Coin 12 November 2024 - Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”), the company advancing digital property rights for the open metaverse, today announced an additional tranche of funding of US$10 million for Mocaverse, following the previous investments totaling US$31.88 million already announced last year (see announcement of 08 December 2023) to build out the interoperable infrastructure tech stack for consumer crypto adoption with large user base ecosystems. The investment comes with a free-attaching warrant for the MOCA Coin utility token at an implied fully diluted value (FDV) of US$1 billion, in a structure that mirrors the two tranches announced previously. https://www.animocabrands.com/animoca-brands-raises-additional-usd10m-for-mocaverse
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carriey
@carriey
gm
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