Wen Lambo? Lamborghini answers with new Animoca Web3 partnership

Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.

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Revolving Games and Animoca Brands Collaborate to Develop Scalable Node Network

Revolving Games partners with Animoca Brands to create a scalable Web3 gaming ecosystem leveraging decentralized infrastructure and the RCADE token. (Read More)

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Animoca Brands Joins ZetaChain as Validator to Enhance Multi-Chain Interoperability

ZetaChain announces Animoca Brands as a validator, aiming to boost multi-chain interoperability and digital asset adoption. (Read More)

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nWay and Animoca Brands Unveil PvP Game 'Cosmic Bomber' for 1.79M Moca ID Holders

nWay, a subsidiary of Animoca Brands, has launched the beta of 'Cosmic Bomber', a new PvP action game available exclusively to 1.79 million Moca ID holders. (Read More)

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Gala Games and Animoca Brands Forge Partnership to Enhance $GALA Token

Gala Games and Animoca Brands announced a partnership to improve the $GALA token experience, focusing on liquidity and trading facilitation. (Read More)

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Animoca Brands Partners with LayerZero Labs for Enhanced Interoperability

Animoca Brands and LayerZero Labs announce a multi-year strategic partnership to enhance interoperability in digital content and gaming ecosystems. (Read More)

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Wen Play-to-Airdrop? Cosmic Royale is The Mario Kart Game for Animoca Brands Mocaverse

Players of Cosmic Royale will earn Realm Points, potentially qualifying them for a future airdrop of $MOCA.

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Animoca Brands' Mocaverse Partners with TON Foundation for Token Swap and User Engagement

Animoca Brands' Mocaverse enters a strategic partnership with TON Foundation, involving MOCA Coin and Toncoin token swap to enhance user engagement and ecosystem growth. (Read More)

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Animoca, Standard Chartered team up in HKMA stablecoin sandbox

The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox.

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Torque Drift 2 Update 10 Introduces New Mazda and Toyota Models, Pro Car Bundles

Motorverse's Torque Drift 2 Update 10 brings new Mazda and Toyota models, Pro Car Bundles, and exciting gameplay features. (Read More)

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Standard Chartered, Animoca Brands, and HKT Collaborate in HKMA Stablecoin Issuer Sandbox

Standard Chartered, Animoca Brands, and HKT are joining forces in the HKMAs stablecoin issuer sandbox to explore digital asset innovations. (Read More)

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XYRO Secures Strategic Investment and Partnership with Animoca Brands

XYRO announces strategic investment and collaboration with Animoca Brands to enhance its gamified social trading platform. (Read More)

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Eden Games to Launch Blockchain-Integrated Cosmic Royale in Animoca Brands Motorverse

Eden Games, under Animoca Brands, announces Cosmic Royale, a blockchain-integrated party royale kart racing game, as part of the Motorverse ecosystem. (Read More)

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Animoca Brands Sets Up Validator on Core Blockchain to Enhance Security and Decentralization

Animoca Brands has launched a validator on the Core blockchain, aiming to boost network security and decentralization while driving BTCfi innovation. (Read More)

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The Sandbox (SAND) Secures $20 Million in Funding at $1 Billion Valuation to Boost Metaverse Creator Economy

The Sandbox (SAND) raises $20 million to expand its creator economy in the open metaverse. (Read More)

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The Sandbox raises $20M at $1B valuation, promises to expand creator economy

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

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Galaxy Digital uses historic violin NFT to secure loan

The violin once belonged to Russian Empress Catherine II, also known as Catherine the Great.

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Animoca Brands and EVG Solidify Partnership with Strategic Cross-Investments

Animoca Brands and EVG announce strategic partnership with cross-investments to enhance Web3 ecosystem. (Read More)

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Futureverse and Animoca Brands Forge Strategic Partnership to Enhance Metaverse and AI Ecosystems

Futureverse and Animoca Brands have formed a strategic partnership to boost their metaverse technology stack and token ecosystem. (Read More)

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Animoca Brands Weighs IPO Options in Hong Kong, Middle East as Valuation Soars

Web 3 firm Animoca Brands is preparing to go public in2025, potentially in key financial hubs in Hong Kong or the Middle East, TheInformation reported. The company, renowned for its investments in NFTs andcrypto gaming, is currently in talks with investment banks but has yet topick an adviser for the IPO, according to Co-founder Yat Siu.

Nearly $6B Valuation

This decision followed a period of significant valuation growth, with the company valued at $5.9 billion duringits last funding round in 2022. Siu has disclosed that the firm has been indiscussions with several investment banks. However, the firm has not yet appointedan official adviser to guide through the IPO process.

Animoca Brands has a robust portfolio, focusingprimarily on non-fungible tokens (NFTs) and crypto gaming companies. This focushas positioned Animoca as an important player in the digital asset space. Thedecision between Hong Kong and the Middle East as potential venues for the IPOwill be crucial.

Currently, Hong Kong offers proximity to Animoca'ssignificant market in Asia and a well-established financial infrastructure. Onthe other hand, the Middle East, particularly hubs like Dubai and Abu Dhabi,presents a rapidly growing market with increasing interest in digital assetsand blockchain technology.

Recently, more companies in the US have announced plans to go public, the latest being Marex Group, a UK-based financial servicesplatform. According to a report by Finance Magnates, the group has filed for anIPO of its ordinary shares with the Securities and Exchange Commission (SEC).

More Firms Eye IPOs

The company reportedly aims to list its shares on theNasdaq stock exchange under the ticker symbol "MRX." Barclays,Goldman Sachs & Co. LLC, Jefferies, Keefe, and Bruyette & Woods havebeen appointed as the joint lead book-running managers for the proposedoffering.

Meanwhile, the SEC has developed comprehensive rulesto bolster investor protection in Special Purpose Acquisition Companies andtheir subsequent business combination transactions, commonly known as de-SPACtransactions.

SPACs have increasingly been adopted as an alternativemethod for private companies to go public. Given the challenges involved insuch transactions, the regulator has highlighted the importance of adoptingrules similar to those of traditional IPOs.

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