Animoca Brands’ third quarter revenue was US$69 million, up 43.8% from the previous quarter
Animoca Brands released its Q2-Q3 2024 financial report. Its Q3 total revenue reached $69 million, an increase of 43.8% QoQ and 165% YoY. Revenue mainly comes from three major business segments: Digital Asset Advisory (DAA) contributed $25 million, Web3 operations revenue contributed $39 million, and investment management revenue contributed $5 million.
As of the end of September 2024, it holds cash and stable coins worth $248 million, and liquid digital assets worth $330 million, mainly including ETH, BTC, and APE. In addition, the company also holds off-balance sheet token reserves worth $1.6 billion, including SAND, EDU, MOCA, REVV, TOWER, GMEE, etc.
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
An ATH for ETH?
One research associate is potentially eyeing February or March for ETH to hit a new high
ETH falls below $3,300
BTC falls below $96,000
In the past hour, the entire network has liquidated 101 million US dollars, mainly long orders
Trending news
MoreCrypto prices
More
