Animoca Brands Discloses 2023 Cryptocurrency Holdings

Blockchain game developer and investor Animoca Brands released its 2023 balance sheet, revealing $203 million in cryptocurrency holdings.

The company noted a decline in total asset value for the year ending December 31, 2023, compared to 2022, but observed an increase in asset value towards the end of the year.

In an official statement, Animoca Brands reported having $175 million in cash and stablecoins for the fiscal year 2023.

The balance sheet shows that the $203 million in cryptocurrencies comprises about 70% Bitcoin (BTC), Ethereum (ETH), Ape Coin (APE), and Polygon (MATIC).

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“Digital assets on the balance sheet amount to $203 million, with roughly 70% held in BTC, ETH, APE, and MATIC.

Additionally, reserves include altcoins such as SAND, EDU, REVV, TOWER, and GMEE, along with Animoca Brands tokens,” the company stated.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.