![]() A fifth of that comes from video games, according to NFT tracker DappRadar. Overall, the global market for NFTs swelled to $25 billion last year, from $100 million in 2020. Its coin reserves were valued at nearly $16 billion at the end of November. In the first nine months of 2021, Animoca Brands generated $670 million in revenues, with about $530 million coming from gains on digital assets and investments. (Animoca Brands is reportedly in talks with global investment firm KKR to add around $140 million to the January round.) Since its dark days in 2017, the company has grown from 57 employees to more than 600. Investors included Liberty City Ventures, Soros Fund Management and Winklevoss Capital. ![]() Forbes estimates that Siu has a 10% stake worth nearly $500 million. ![]() In mid-January, Animoca Brands raised nearly $360 million at a valuation of $5.4 billion, more than doubling its previous mark of $2.2 billion from October. ![]()
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