Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report

Time：2022-02-09 Source： 1279 views Trending Copy share

Global investment company KKR is in talks to join Animoca Brands' latest financing effort, taking its funding from the round to about $500 million, according to a report by Bloomberg.

KKR is one of a number of investors in talks with Animoca, Bloomberg reported Wednesday, citing people familiar with the matter.
The Wall Street firm, which manages alternative investments, such as private equity and hedge funds, would add to the almost $360 million raised from Winklevoss Capital, Soros Fund Management and others, which took Animoca's valuation to around $5.5 billion last month.

Animoca is an investor in non-fungible token (NFT) and metaverse-related projects, with a portfolio that contains play-to-earn game Axie Infinity; Dapper Labs, the company behind NBA Top Shot; and OpenSea, the largest NFT trading platform.

Hong Kong-based Animoca has more than doubled its valuation in recent months, following a $65 million fund raising at a $2.2 billion valuation in October.
KKR declined to comment when contacted by CoinDesk. Animoca did not respond to a similar request.

Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!