Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNFT-focused Animoca Brands valued at $5B following $358M raiseNFT and virtual property-focused … [Read more...] about Animoca Brands doubles valuation to $5B, OpenSea tops $3.5B in Jan volume, Microsoft eyes metaverse gaming: Hodler’s Digest, Jan 16-22
Animoca
Animoca Brands Valuation More Than Doubles to $5.5B in Three Months
Animoca Brands, an investor in non-fungible token (NFT) and metaverse projects, raised almost $360 million at a valuation of $5.5 billion.The funding round represents a doubling in Animoca's value in less than three months. The venture capital firm raised $65 million at a $2.2 billion valuation in October last year.Liberty City Ventures led the round, which included … [Read more...] about Animoca Brands Valuation More Than Doubles to $5.5B in Three Months
Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana
Burnt Finance, a protocol built on Solana, has raised $8 million in a funding round led by Animoca Brands. It also launched its non-fungible token (NFT) platform.The capital will go toward adding staff and exploring partnerships with artists and other Solana-based projects.Burnt Finance, known for burning a piece of artwork from street artist Banksy before selling a digitized … [Read more...] about Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana
‘Fan Controlled Football League’ Goes Crypto With $40M Investment From Animoca, Delphi
The Fan Controlled Football League (FCF) is gearing up for its second season after closing a $40 million Series A led by Animoca Brands and Delphi Digital, the league announced Wednesday.The FCF is an alternative professional sports league where fans vote on real-time decisions for their team, including play calling and roster management.“We call the league a real-life video … [Read more...] about ‘Fan Controlled Football League’ Goes Crypto With $40M Investment From Animoca, Delphi
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
Sports NFT minting platform and Animoca Brands subsidiary Lympo suffered from a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7 million at the time of the hack.A short Medium update from the Lympo team stated that on Jan. 10 hackers managed to gain access to Lympo’s operational hot wallet and “stole a total of approximately 165.2 million LMT from … [Read more...] about Animoca Brands’ Lympo NFT platform hacked for $18.7 million