Animoca Brands reports 72% increase in bookings for Q1 2024 over Q1 2023
The bulk of the $90 million reported came from “digital asset advisory.”
Animoca Brands published its first-quarter investor update on July 10. The bottom line up front: Bookings are up significantly for Q1 year-over-year.
The Web3 gaming and venture capital (VC) firm reported bookings in the amount of $90 million for Q1 2024, up 72% from the previous year’s $52 million.
Breaking the bookings down, Animoca Brands reported $65 million from digital asset advisory, which includes “token advisory, trading, and blockchain node operations,” $19 million from its Web3 subsidiaries and startup partnerships, and $6 million from investment management.
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Author: Tristan Greene
