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Animoca Brands Updates Financials, Discloses Approximately $3.4 Billion in Assets

Animoca Brands Updates Financials, Discloses Approximately $3.4 Billion in Assets

2023/05/12 04:15

Animoca Brands has released a financial update setting forth its unaudited key financial position as of April 30, 2023, in which the company discloses approximately $3.4 billion in assets, including: cash and stablecoin balances of $194 million; $566 million in liquid digital assets, including SAND reserves; and all other Animoca Brands The off-balance sheet token reserves of the Web3 subsidiary, in which the company has a controlling interest, amounted to $2.7 billion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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