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Animoca Brands: Quarter 1 revenue up 72% in 2024 over Quarter 1 in 2023

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2024-07-11 06:25:05
Animoca Brands has released its 2024 Quarter 1 Investor Update report. The report shows that Quarter 1 revenue reached $90 million in 2024, up 72% from $52 million in 2023. This growth was primarily driven by "digital asset advisory", which accounted for $65 million. Additionally, Web3 subsidiaries and startup partnerships contributed $19 million and investment management contributed $6 million.