The Hong Kong-based Animoca Brands publishes its unaudited financial and business highlights report showing investments that totals over A$2.2 billion, approximately $1.5 billion across 340 investments by April end.
The unaudited report consists of financial results for the last three months of 2021 and the first four months of 2022.
Bookings and other income totaled $148 million in the fourth quarter of last year and $573 million in the first four months of 2022, respectively.
Tokens, NFT sales, as well as other non-blockchain earnings, are included in these bookings.
Gains and losses from investments and digital asset holdings are included in the other income section.
At the end of April, cash balances were $98 million and digital asset holdings were $211 million.
Its digital asset holdings included USDC, USDT, BUSD, ETH, and BTC. Other digital asset holdings like unspecified third-party tokens totaled about $659 million.
The company stated that it has $4.2 billion in digital asset reserves comprising Animoca Brands tokens SAND, QUIDD, PRIMATE, REVV, TOWER, GMEE, etc that are not shown on its balance sheet.
The above outcomes involve contributions from The Sandbox, GAMEE, nWay, Blowfish Studios, Grease Monkey Games, REVV Motorsport, TOWER, Quidd, Lympo, Forj, and blockchain service revenue from portfolio investments and collaborations.
The business highlights of the company includes their collaboration with Yuga Labs on the launch of BAYC Otherside Metaverse along with ApeCoin in partnership with ApeCoin DAO.
Along with that Animoca acquired Eden Games, Grease Monkey Games, Darewise, Notre Game, and Be Media to enhance and promote its gaming and Web3 abilities.
Some notable developments include the company broadening its involvement in Japan by forming a strategic subsidiary Animoca Brands Japan with a seed round of US$10 million.
