🟣 Animoca Brands Reports Profits and Reserves 👀

Highlights:

✅ Details here

✅ Cash and stablecoin balances of $248 million;

✅ Liquid third-party digital assets of $330 million, consisting of $218 million in available-for-sale assets and $112 million in unallocated tokens on the balance sheet. Key liquid tokens held on the balance sheet include ETH, BTC, APE, and others;

✅ Off-balance sheet token reserves of $1.6 billion, including tokens issued by Animoca Brands-owned Web3 subsidiaries and projects launched by Animoca Brands. These reserves include tokens such as SAND, EDU, MOCA, REVV, TOWER, GMEE and others.

✅ Minority investments in over 530 portfolio companies as of the end of Q3 2024, including investments made by Animoca Ventures

🔴 While the market is pouring like crazy today, $MOCA has grown quite well against the market this morning, so we hedged our portfolio? 😁🔮💵