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<ul><li>Animoca Brands plans to launch a $2 billion fund to invest in the metaverse.</li><li>The Chairman announced that the funding would be focusing on digital property rights.</li><li>The fund also aims at developing the ecosystem and providing opportunities to access Web3 companies.</li></ul>Reportedly, Animoca Brands, the Hong-Kong based game software company founded by Yat Siu, is planning to raise funds up to $2 billion to invest in the metaverse business.In an interview, the Chairman announced that the company has planned to launch the fund, “Animoca Capital” to contribute to the <a href="https://coinedition.com/tag/metaverse-news/" rel="noopener noreferrer nofollow">metaverse</a>. He added, “We are thinking about a fund [that is now] forming.” Though the company expects to raise an amount between $1 billion to $2 billion, it has been decided to have the first investment only the next year.<a href="https://coinedition.com/animoca-brands-launches-2-billion-funds-to-invest-in-metaverse/" rel="noopener noreferrer nofollow">See original on CoinEdition</a>

Animoca Brands Launches $2 Billion Funds to Invest in Metaverse

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