Great to see a comprehensive list of Animoca's recent...

Great to see a comprehensive list of Animoca's recent investments. Thanks for sharing.

Excluding the Blowfish acquisition, the vast majority of these investments are likely to fall in the $500k to $1m range.

30 investments @ $750k = $22.5m + $6.6 upfront for Blowfish = circa US$30m invested since the unicorn raise.

They raised US$139m + money in the kitty + we are led to believe that they are profitable.

If they do another cap raise before the end of this year, it certainly won't be because they need the money.

Would be great to see them invest US$100m on a few major acquisitions, prior to conducting the next cap raise.