Hong Kong-based blockchain gaming developer Animoca Brands has cut its target for its so-called metaverse fund by 20% to $800 million, people familiar with the matter said, in a further scaling back of its ambitions following volatility in the crypto sector.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
