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Singapore state investor leads $100M round for crypto firm Animoca: Report

2022.08.31 00:21

Singapore state investor leads $100M round for crypto firm Animoca: Report
Singapore state investor leads $100M round for crypto firm Animoca: Report

The venture capital market of the cryptocurrency industry is holding strong despite the crypto winter as major government-linked firms reportedly continue betting on big industry players.

Singapore state-owned investment firm Temasek is joining a $100 million funding round for the blockchain and venture studio Animoca Brands, Bloomberg reported on Tuesday. According to the report, Temasek will lead Animoca’s financing round through convertible bonds.

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