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ETH $2,291.94 -0.34%
BNB $624.51 -0.29%
XRP $1.38 -1.18%
SOL $84.11 -0.56%
TRX $0.3217 -0.93%
DOGE $0.0999 +0.58%
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HYPE $40.08 -3.18%
AAVE $96.72 -0.44%
SUI $0.9251 -0.94%
XLM $0.1620 -2.21%
ZEC $335.63 -4.96%
BTC $76,517.10 -0.89%
ETH $2,291.94 -0.34%
BNB $624.51 -0.29%
XRP $1.38 -1.18%
SOL $84.11 -0.56%
TRX $0.3217 -0.93%
DOGE $0.0999 +0.58%
ADA $0.2473 -0.32%
BCH $452.40 +0.73%
LINK $9.25 -0.64%
HYPE $40.08 -3.18%
AAVE $96.72 -0.44%
SUI $0.9251 -0.94%
XLM $0.1620 -2.21%
ZEC $335.63 -4.96%

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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