Odaily Planet Daily News: Animoca Brands released its financial report for the second and third quarters of 2024, with total revenue for the third quarter reaching 69 million USD, a quarter-on-quarter increase of 43.8% and a year-on-year increase of 165%. Revenue mainly comes from three major business segments: Digital Asset Advisory (DAA) contributed 25 million USD, Web3 operations revenue was 39 million USD, and investment management revenue was 5 million USD. As of the end of September 2024, Animoca Brands held 248 million USD in cash and stablecoins, and 330 million USD in liquid digital assets, mainly including ETH, BTC, and APE. In addition, the company also holds off-balance-sheet token reserves valued at 1.6 billion USD, including SAND, EDU, MOCA, REVV, TOWER, GMEE, and others.

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