Share this article
Animoca Brands Raises $20M for Metaverse Project Mocaverse
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures.
Updated Sep 18, 2023, 3:21 p.m. Published Sep 11, 2023, 8:53 a.m.
Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to advance its Mocaverse project from a group of other prominent Web3 investors.
The investment was led by CMCC Global and included contributions from Kingsway Capital, Liberty City Ventures and GameFi Ventures, the Hong Kong-based company said Monday. Animoca co-founder Yat Siu also participated in a personal capacity.
STORY CONTINUES BELOW
Animoca Brands has been one of the leading investors in NFTs, blockchain gaming and metaverse-related companies in recent years, with backing from the likes of Singapore's state investment fund, Temasek. Animoca's aim is for Mocaverse to provide Web3-native tools for users to build gaming and other entertainment products. One such product under development is Moca ID, a non-fungible token (NFT) collection designed to allow users to craft on-chain identities in order to participate in the Mocaverse ecosystem.
The capital was raised through the sale of Simple Agreements for Future Equity (SAFEs) for about A$4.50 ($2.90) each, which will be automatically converted into ordinary shares after six months.
Read More: It’s Game On for Web3: How Gaming Will Onboard a Billion People
Більше для вас
Що варто знати:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Taps Chainlink CCIP as Sole Bridge for $7B in Wrapped Tokens Across Chains
The integration enables users to move these assets across different networks and applications, leveraging Chainlink's secure oracle networks.
What to know:
- Coinbase has tapped Chainlink's Cross-Chain Interoperability Protocol (CCIP) for its wrapped assets, worth around $7 billion.
- CCIP will enable users to move assets across different networks and applications, leveraging Chainlink's secure oracle networks.
- The deal aims to improve cross-chain security and reduce risk, using CCIP's decentralized node-based design.
Top Stories
