Singapore's State Investor Temasek Leads $100 Million Funding for Animoca Brands
Singapore's state-owned investment firm Temasek Holdings Pte is spearheading a significant $100 million funding round into Animoca Brands, solidifying its position as a key player in the burgeoning blockchain gaming space. This investment underscores Temasek's growing interest in the crypto and Web3 sector, even after a US$2… (shortened for relevance).
Asian blockchain gaming giant and venture capital company Animoca Brands is set to receive $100 million from Singapore's state-owned Temasek Holdings Pte. The investment, first reported by Bloomberg, signals a continued confidence in Animoca Brands' potential despite recent market volatility and regulatory uncertainty. This isn't just about a cash injection; it's a strategic partnership aligning one of crypto's most prolific investment houses with the stability and reputation of Singapore's state investor.
According to reports, Singapore state-backed fund is leading a US$100 million funding round into Hong Kong-based blockchain and game venture Animoca Brands, marking a significant milestone for the company. Singapore state investor Temasek Holdings Pte. is joining a US$100 million ($139.7 million) funding for Animoca Brands Corp, betting on one of crypto’s most prolific investment houses.
Following plans for new regulation, Temasek Holdings Pte, a state investor, announced joining a $100 million funding for Animoca Brands Corp, as it preferred to…(trimmed for seamless flow). Singapore state investor Temasek is joining a US$100 million funding for Animoca Brands, betting on one of crypto’s most prolific investment houses even after a US$2…(shortened for relevance).
The $100 million investment from Temasek signifies a strong vote of confidence in Animoca Brands' long-term vision and its ability to navigate the evolving landscape of blockchain gaming and the metaverse. The funds are expected to fuel further growth and expansion for Animoca Brands, allowing it to continue investing in innovative blockchain-based projects and technologies.