COIN BUREAU NEWSFLASH! – (…Tuesday saw Animoca add Eden Games, the development studio behind the likes of Gear.Club and the Test Drive series to its ever-growing list of portfolio companies. With the investment, Animoca hopes to build out its racing-game empire, REVV Motorsport, as hosted by Polygon, the leading Ethereum layer-2 scaling solution.Furthermore, Animoca has reportedly acquired a 70% stake in Darewise Entertainment, a studio founded by Ubisoft execs and other ‘industry veterans’. Darewise is currently developing a P2E MMORPG called Life Beyond…Animoca Founder, Yat Siu, claims that investors and advocates alike should “expect many collaborations, partnerships and interoperable experiences + highest level of quality”.With potential ‘support’ for NFT ecosystems like the Bored Ape Yacht Club currently being teased out, as well as massive capital expenditure on the blockchain gaming ecosystem, it’s looking increasingly like Animoca could be set to dominate the space for years to come…
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
