Today blockchain games company Animoca Brands announced a $358 million funding, valuing the company at more than $5 billion. The round was led by Libert City Ventures, with participation from a large number of investors, including Soros Fund Management.
It’s not Soros Fund’s first blockchain funding. Other investments have included NYDIG, the Bitcoin investment manager and Lukka, the crypto data, accounting and tax reporting firm.
Last year Animoca had three rounds of funding totaling $216 million, including from Ubisoft, Samsung and RIT Capital Partners (Rothschild Investment Trust). The last round in October valued the firm at $2,2 billion. Additionally, Animoca’s subsidiary, The Sandbox, raised another $93 million.
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