Web3 gaming and VC firm, Animoca Brands, has reported a 72% YoY increase in Q1 2024 bookings, totaling $90 million. The breakdown includes $65 million from digital asset advisory, $19 million from web3 subsidiaries and startup partnerships, and $6 million from investment management. The company also managed to reduce operating costs by 14%, reporting $55 million for Q1 2024. The firm's total cash and stablecoin assets increased by 66% during Q1 2024, largely due to gains from token transactions in The Sandbox, an Animoca Brands subsidiary. The company is also considering a 2025 re-entry into the Australian Securities Exchange.