Animoca Brands said it holds portfolio investments worth $1.5...

Animoca Brands said it holds portfolio investments worth $1.5 billion in crypto and blockchain gaming across 340 companies.

They reported bookings and other income of $148 million for the fourth quarter ended December 31 and $573 million for the four months ended April 30, 2022.

The company has a cash balance of $98 million and $211 million worth of digital asset holdings including USDC, USDT, BUSD, ETH and BTC as of the end of April. Other digital asset holdings include third-party tokens of $659 million. And it has digital asset reserves of $4.2 billion — which are not reflected in the company’s balance sheet. These reserves include the Animoca Brands tokens SAND, UMAD, QUIDD, PRIMATE, REVV, TOWER, GMEE, and others.

https://venturebeat.com/2022/06/06/animoca-brands-holds-1-5b-in-crypto-and-blockchain-gaming-assets-across-340-investments/