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Liberty City Ventures led a $359m funding round in Animoca Brands.

Synopsis

Liberty City Ventures, a venture capital fund and incubator, led a $359m funding round in Animoca Brands, a company driving digital property rights via NFTs and gaming to build the open metaverse, with participation from 10T Holdings, C Ventures, Delta Fund, Gemini Frontier Fund, Gobi Partners Greater Bay Area, Kingsway, L2 Capital, Mirae Asset, Pacific Century Group, ParaFi Capital, Provident, Senator Investment Group, Sequoia China, Smile Group, Stable Asset Management, Soros Fund Management, Wildcat Capital Management and Winklevoss Capital. "The trailblazing Animoca Brands is demonstrating to the world the game-changing characteristics of Web3 and the open metaverse. Animoca Brands is championing a more decentralized, open, fairer, and more inclusive future where everyone can truly own their digital goods and benefit from them accordingly. We are extremely proud to be working with Yat and his world-class team to build the future of asset ownership and management," Murtaza Akbar, Liberty City Ventures Managing Partner.

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