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MultiversX welcomes Animoca Brands as leading validator to support creators, users, and businesses moving on-chain

GlobeNewswire LogoGlobeNewswire11h ago

MultiversX welcomes Animoca Brands as leading validator to support creators, users, and businesses moving on-chain - GlobeNewswire

Quick Summary:

Animoca Brands realizes its mission via three integrated business pillars: operating Web3 businesses to advance blockchain adoption with native projects such as Moca Network, Anichess, The Sandbox, Open Campus, NEOM Web3 initiatives, and a regulated stablecoin project in partnership with Standard Chartered and HKT; providing digital asset advisory services including tokenomics advisory, liquidity provision, and institutional research to help external Web3 projects grow; and digital asset management, with a portfolio of investments in over 540 companies including industry leaders Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, OpenSea, Dapper Labs, YGG, and many others.

It’s great to have Animoca Brands joining the ecosystem as a validator and exploring these feats to boost Web3 adoption in gaming and entertainment.” Furthermore, standout startups that align with Animoca Brands’ vision and are incubated on xLaunchpad - a highly selective Web3 accelerator with an acceptance rate of 0.5% - will be eligible to apply for support from the leader in digital entertainment and gamified experiences.- END - About MultiversXMultiversX is a distributed public blockchain based on sharding.

Sibiu, Romania, Feb.26, 2025 (GLOBE NEWSWIRE) -- MultiversX announced today that Animoca Brands has joined the MultiversX ecosystem as a validator and ecosystem contributor to leverage synergies between Animoca Brands, its more than 540 portfolio companies, and MultiversX blockchain’s network alongside development tools such as Sovereign Chains.

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Article Details

Author / Journalist: MultiversX

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 02:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 26468670

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 69 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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