11 May 2023: Animoca Brands Corporation Limited (“Animoca Brands'' or the “Company”) is pleased to provide an interim financial update regarding several metrics as well as guidance on further updates.
Key unaudited financial positions (non-IFRS measures) as of 30 April 2023 - The Company remains financially strong with a cash and stablecoin balance of US$194 million
- Liquid digital assets of US$566 million, which includes reserves of SAND, the utility token used inThe Sandboxplatform
- Off-balance sheet token reserves for all other Animoca Brands majority-owned Web3 subsidiaries of US$2.7 billion
The Company is working diligently to provide additional financial updates starting with the audited financial statements for 2020, expected to be published soon. Shortly after the release of 2020 audited results, the Company will provide key financial and business highlights for the full year 2022 and Q1 2023.
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