Animoca Brands acquires French video game studio Eden Games

Hong Kong-based crippled bundle and task superior steadfast Animoca Brands has afloat acquired Eden Games for an undisclosed magnitude from Engine Gaming & Media.

Animoca Brands announced the acquisition of the French video crippled developer connected April 11.

According to the announcement, Animoca Brands seeks to pat Eden Games’ capabilities and expertise successful creating racing games to amended existing titles and motorboat caller ones successful the REVV Motorsport ecosystem. Additionally, Animoca Brands plans to present a bid of caller blockchain-based racing games done this acquisition.

The caller games volition assistance make inferior for the NFT Race Passes and different assets that Animoca Brands received aft its F1 Delta Time NFT racing crippled ceased operations successful March erstwhile it failed to renew its license.

Eden Games co-founder and caput of workplace David Nadal said the acquisition opens a caller section for Eden Games. He added that the institution is looking guardant to creating unsocial experiences that situation the presumption quo successful the motorsport genre and research caller frontiers similar web3 alongside Animoca Brands, which has established itself arsenic a person successful the space.

Striving to physique an unfastened metaverse

Explaining wherefore it purchased Eden Games, Animoca Brands pointed retired that the crippled developer’s occurrence speaks for itself. For instance, Eden Games has sold implicit 13 cardinal crippled boxes, and its games person surpassed the 60 cardinal people successful planetary downloads.

Moreover, the steadfast has forged semipermanent partnerships with implicit 30 automotive brands, including Bugatti, BMW, and Pagani, to sanction a few.

Yat Siu, the co-founder and Executive Chairman of Animoca Brands, said:

With its 4th of a period of expertise successful gathering high-quality motorsport video games, Eden Games volition heighten and accelerate the improvement of the REVV Motorsport ecosystem and adhd almighty worth to the REVV assemblage and the racing metaverse.

This acquisition comes aft Animoca Brands raised $358,888,888 successful a Liberty City Ventures backing circular earlier this year. Animoca Brands said it would usage the wealth to proceed backing strategical acquisitions and investments, merchandise development, and licenses for fashionable intelligence properties. 

At the time, Siu said the steadfast aims to make an unfastened metaverse to pat the tremendous opportunities successful the burgeoning web3 ecosystem.