ThetaLabs
Nifty News: Anime-ca Brands, Steve Aoki’s NFTs more profitable than decade of studio albums
Anime and Animoca Brands Blockchain gaming and Metaverse company Animoca Brands has launched a strategic subsidiary in Japan after raising $10 million in seed funding. The new subsidiary, named Animoca Brands KK, plans on expanding popular Japanese content into NFTs, the Metaverse, and fungible tokens through Web3 applications. The content includes anime such as My Hero Academia and Dragon Ball, games, art, sports, and others. Funds for this latest expansion were raised in a $10 million seed round led by Japanese investment firm MCP Asset Management’s MCP IPX One Fund. Animoca Brands co-founder and executive chairman Yat Siu told Cointelegraph that “this one is really big” because of the content being brought into the NFT space and the size of the firms now involved. Siu also said in the o...
