BTC $63,635.02 -2.21%
ETH $1,883.85 -2.91%
BNB $566.13 -1.21%
XRP $1.06 -4.18%
SOL $73.92 -3.28%
TRX $0.3241 -2.32%
DOGE $0.0702 -3.90%
ADA $0.1559 -5.58%
BCH $212.37 -2.43%
LINK $8.35 -4.73%
HYPE $56.09 -5.58%
AAVE $98.02 -2.68%
SUI $0.6810 -5.02%
XLM $0.1714 -5.81%
ZEC $478.57 -5.67%
BTC $63,635.02 -2.21%
ETH $1,883.85 -2.91%
BNB $566.13 -1.21%
XRP $1.06 -4.18%
SOL $73.92 -3.28%
TRX $0.3241 -2.32%
DOGE $0.0702 -3.90%
ADA $0.1559 -5.58%
BCH $212.37 -2.43%
LINK $8.35 -4.73%
HYPE $56.09 -5.58%
AAVE $98.02 -2.68%
SUI $0.6810 -5.02%
XLM $0.1714 -5.81%
ZEC $478.57 -5.67%

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
Collection

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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