NFT-based metaverse company Animoca Brands raises $360m led by Liberty City Ventures

Metaverse gaming company Animoca Brands raised nearly $360 million in a funding round led by Liberty City Ventures, the company said on Tuesday, valuing the firm at more than $5 billion.

Animoca Brands – an Australian company with headquarters in Hong Kong – invests in and builds blockchain-based online virtual worlds, in which assets such as land can often be bought in the form of non-fungible tokens (NFTs).

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