Animoca Brands' secondary market valuation plummeted to $1.5 billion, a 75% drop from its peak!

According to the news, on August 9, although Animoca Brands held a total of $3.3 billion in assets as of March, its executive chairman and co-founder Yat Siu revealed that the company's current secondary market stock trading price is about $1.5 billion. This valuation has fallen by about 75% compared to $5.9 billion in July 2022. Two years ago, the company's valuation peaked due to raising $75 million, and today's sharp decline has undoubtedly attracted market attention.

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