BlockBeats news, on November 27, according to official news, Animoca Brands announced a strategic investment in Pudgy Penguins' parent company Igloo, Inc.
Animoca Brands' subsidiaries The Sandbox and Animoca Brands Japan also participated in the investment in Igloo, Inc. alongside Animoca Brands.
Animoca Brands stated that this investment expresses Animoca Brands' belief in the transformative power of consumer cryptocurrency, as well as confidence in the growth potential of one of the leading NFT-based intellectual properties, Pudgy Penguins.
