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BTC $76,964.37 -0.98%
ETH $2,130.48 -1.84%
BNB $643.54 -1.16%
XRP $1.39 -1.01%
SOL $85.40 -0.30%
TRX $0.3555 -0.09%
DOGE $0.1047 -4.14%
ADA $0.2515 -0.33%
BCH $380.30 -5.96%
LINK $9.59 -0.43%
HYPE $47.26 +3.73%
AAVE $89.37 -0.48%
SUI $1.06 +0.59%
XLM $0.1472 -1.89%
ZEC $559.01 +4.01%

Data: As of the end of March this year, Animoca's balance sheet holds $558 million in digital assets, with a total of $291 million in cash and stablecoins

2024-04-26 17:15:39
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ChainCatcher news, according to Tech In Asia, as of March 31, 2024, Animoca Brands holds a total of $291 million in cash and stablecoins, up from $194 million held on April 30 last year. Additionally, Animoca stated that it holds $558 million in digital assets on its balance sheet. Since December 2023, Animoca's external investments and token issuances have increased its digital portfolio by $266 million.

Aside from the balance sheet, Animoca's Web3 subsidiary holds approximately $1.8 billion in token reserves. Moreover, this figure does not include the value of nearly 400 minority equity investments in other Web3 businesses.

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