Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report

2 years ago

Global concern institution KKR is successful talks to articulation Animoca Brands' latest financing effort, taking its backing from the circular to astir $500 million, according to a study by Bloomberg.

  • KKR is 1 of a fig of investors successful talks with Animoca, Bloomberg reported Wednesday, citing radical acquainted with the matter.

  • The Wall Street firm, which manages alternate investments, specified arsenic backstage equity and hedge funds, would adhd to the astir $360 cardinal raised from Winklevoss Capital, Soros Fund Management and others, which took Animoca's valuation to astir $5.5 cardinal past month.

  • Animoca is an capitalist successful non-fungible token (NFT) and metaverse-related projects, with a portfolio that contains play-to-earn crippled Axie Infinity; Dapper Labs, the institution down NBA Top Shot; and OpenSea, the largest NFT trading platform.

  • KKR declined to remark erstwhile contacted by CoinDesk. Animoca did not respond to a akin request.

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Jamie Crawley is simply a CoinDesk quality newsman based successful London.


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