Animoca Brands, a major player in the metaverse and blockchain gaming, has officially disclosed details of a funding round led by Singapore's state-owned investor Temasek.
Animoca announced on Thursday that it closed a strategic funding round of $110 million from the issuance of convertible notes to a small number of institutional investors. Completed at a conversion price of AU $4.50, or about $3.0, the new round values Animoca similarly to its previous funding round, the firm said.