Animoca Brands' Crypto Holdings from Balance Sheet

Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures.
 
Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches.
 

• According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed a cash and stablecoin balance of $291 million.
• Off the balance sheet, Animoca Brands’ Web3 subsidiaries hold token reserves totaling around $1.8 billion, consisting of approximately $1.3 billion in highly liquid tokens and $542 million in such with lower liquidity.
• It’s worth noting that the latest figures do not include the value of Animoca Brands’ approximately 400 minority investments in Web3 companies, as their valuation process is still ongoing.

​Source: Crypto Potato