Animoca Brands' current secondary valuation is about $1.5 billion, down about 75% from 2 years ago
Although Animoca Brands held assets totalling about $3.3 billion as of March, Animoca executive chairman and co-founder YatSiu said the company's secondary stock is trading at about $1.5 billion. That figure is about 75 per cent down from its $5.9 billion valuation in July 2022, when it announced raising $75 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The prospect of Fed rate cuts draws market attention, with Powell's wording in the spotlight

Analyst: Bitcoin bulls must hold the key Fibonacci support to avoid a drop to $76,000
Ripple's RLUSD supply on Ethereum reaches $1.1 billion market cap