“Animoca Brands Raises $10M for Web3 Metaverse Project”

Animoca Brands, a Web3 metaverse project called Mocaverse, recently received an additional $10 million in funding. OKX Ventures, CMCC Global, Sequoia (formerly Sequoia China), Republic Crypto, Decima Fund, Kingsway Capital, and other investors participated. This investment includes free add-on warrants for MOCA Coin utility tokens, with an implied fully diluted value (FDV) of 10 billion.

This funding follows two previously announced tranches.

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