Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Cardano 
Dogecoin 
TRON 
Animoca Brands investor update for the quarter and fiscal year ending on 31 December 2024.
“The results below include contributions from the Company’s business units, including but not limited to The Sandbox, Moca Network, Open Campus, Anichess, GAMEE, TinyTap, Animoca Brands Japan, nWay, Eden Games, Blowfish Studios, Pixowl, and Crazy Defense Heroes (TOWER), in addition to Web3 services revenue and revenue arising from portfolio investments and partnerships.” – was mentioned in the report.
Animoca Brands Investor Update reveals strong financial performance and strategic growth in the Web3 space. The company reported a 167% rise in bookings for Q4 2024, reaching $108 million. This growth reflects Animoca’s expanding influence in blockchain gaming, digital assets, and investment management.
Key financial highlights for Q4 and FY2024
”Bookings (1) of US$314 million for the 12 months ending on 31 December 2024, compared with US$280 million for the prior 12 months ending on 31 December 2023. Bookings by each business segment were the following:
US$165 million from the Digital Asset Advisory (DAA) business, representing a notable increase of 116% YoY;
US$110 million from Web3 operating businesses of subsidiaries and projects incubated by the Company, which include blockchain-based sales, in-app purchases, and other non-blockchain sales;
US$39 million in investment activity, which includes realized gains from digital asset investments and investment management fees from Animoca Ventures (any unrealized investment gains are reflected in the balance sheet).” – was mentioned in the report.
Animoca Brands experienced a substantial year-over-year revenue increase, driven by its diversified Web3 business model. The company’s digital asset advisory services and investment portfolio have contributed significantly to its earnings. This surge in revenue underscores the increasing adoption of blockchain-based assets and metaverse initiatives.
ANOTHER MUST-READ: Current Gaming and NFTs market with Yat Siu, Co-founder of Animoca Brands
Expanding Web3 Business and Investments
The Animoca Brands Investor Update highlights the company’s expansion into Web3 businesses. The firm continues to acquire and invest in blockchain gaming projects, NFT platforms, and decentralized finance (DeFi) initiatives. Notably, strategic acquisitions and partnerships have fueled its market presence, reinforcing its position as a leader in digital property rights and metaverse infrastructure.
Strong Market Position and Future Outlook
Animoca Brands remains committed to building an open metaverse, focusing on user empowerment and asset ownership. With its growing portfolio of blockchain-based games and financial services, the company is set for sustained growth in 2025. Investors and industry watchers anticipate further innovations. Animoca continues to expand its Web3 ecosystem and strengthen its foothold in the digital economy.
The report mentioned that they cut Operating Expenses by 12% in 2024 Amid Cost Optimization Efforts
Animoca Brands has reported a 12% reduction in total operating expenses for 2024, reflecting the company’s ongoing cost optimization strategy. The operating expenses for the full year amounted to $217 million, down from $246 million in 2023.
The decrease follows a series of efficiency-driven initiatives launched in the second half of 2023, aimed at streamlining operations across Animoca Brands and its subsidiaries. The company attributed the reduction to cost-cutting measures and the integration of AI-driven tools to enhance productivity.
The cost-cutting momentum continued into the final quarter of the year. With Q4 2024 operating expenses totaling $49 million—a 15% drop from the $58 million recorded in Q4 2023. The company’s focus on operational efficiency underscores its commitment to sustainable growth. They are also looking to maintain a strong presence in the Web3 and blockchain gaming sectors.
Animoca Brands Q4 2024 Key Business Highlights
Animoca Brands reported strong Q4 2024 growth across its Digital Asset Advisory (DAA), Web3 operations, and investment management. The DAA business grew 116% YoY, generating $68M from token advisory and $97M from market-making and treasury management.
Moca Network expanded as a chain-agnostic digital identity solution, securing partnerships with Square Enix and SK Planet while raising $10M in funding. Its token, MOCA Coin, was listed on Upbit and Bithumb.
Open Campus advanced on-chain education, tokenizing the $2.2T student finance market and launching EDU Chain’s mainnet. Adoption surged 578% QoQ to 850K users.
Anichess, a Web3 chess game, launched its public alpha and surpassed 100K monthly players. GAMEE introduced the GAMEE AdNetwork, leveraging its 100M users, and sold 250K Moon Cards for its upcoming memecoin-based game.
Investment-wise, Animoca backed 70+ projects in AI, DeFi, and gaming, with $564M in private holdings. AI initiatives expanded through partnerships with Virtuals.io, FLock.io, and HeyAni.
Finally, Hall Chadwick was appointed as the new auditor, reinforcing Animoca’s commitment to financial compliance amid rapid expansion.
About Animoca Brands
Animoca Brands (ACN: 122 921 813) is a Web3 leader that leverages tokenization and blockchain to deliver digital property rights to consumers, helping to establish the open metaverse and its associated network effects. It has received broad industry and market recognition including Deloitte Tech Fast, Fortune Crypto 40, Top 50 Blockchain Game Companies 2025, and Financial Times’ High Growth Companies Asia-Pacific.
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 investment 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.
For more information visit www.animocabrands.com or follow on XClick here for more Details, YouTubeClick here for more Details, Instagram, LinkedIn, Facebook, and TikTok.Click here for more Details
Read the entire report hereClick here for more Details
