Brands

Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed a cash and stablecoin balance of $291 million. Off the balance sheet, Animoca Brands’ Web3 subsidiaries hold token reserves totaling around $1.8 billion, consisting of…

Dubai, United Arab Emirates, March 22nd, 2024, Chainwire The partnership is set to bring a Move2Earn platform, a PokemonGo styled AR game and more to over 100M users through TBH’s Telco infrastructure The Binary Holdings, a leading Web3 Infrastructure provider for Telecommunication, BFSI, Gaming and eWallet companies in emerging markets, announces its integration of Lost Club Toys, the brainchild of award-winning filmmaker and musician co-founders Daniel Grove and Kosmo Kint. This groundbreaking integration promises to redefine the realm of user…

Whether they rule the entertainment business or the fashion industry, big brands are always looking for new ways to increase their income. Lately, they delve into blockchain technology to boost brand awareness among the younger, decentralized, and crypto-powered generation. The NBA, Formula 1, and Nike are just of the major names looking to leverage blockchain into their favor. One might think that each of these corporations has a department of developers investigating new chain solutions 24/7. However, building the bridge…