Animoca Brands has $5.07 billion in reserve

The Animoca Brands Twitter blog posted a message about the reserves of funds that the company has. An indicator of over $5.7 billion was recorded as of May 1, 2022 and mentioned in its report.

For the period from the end of 2021 and the first 4 months. the company's current revenue is $721 million. Part of the funds was received from NFTs and the sale of other assets.

By April 30, $1.5 billion had been invested in 3.5 hundred projects. Among them are the games Axie Infinity, Star Atlas, the OpenSea marketplace, Dapper Labs, the Yield gaming guild, and many other companies.

Cash remaining in balance at the end of April is 98 million in fiat currency, as well as $211 in USDC stablecoin, USDT, Binance BUSD stablecoin, Bitcoin and ETH. The remaining assets hold $659 million.

Animoca also owns tokens of various games that are included in its portfolio. Among them are SAND, GMEE, REVV. In total, its token portfolio is estimated at $4.2 billion in funds.

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