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Advisory Overtook Web3 Businesses at Animoca Brands in 2024 as Company Pivots

Summary by Coin Desk
Animoca Brands reported $314 million in bookings, up 12% from 2023’s $280 million, as the company pivoted away from its reliance on gaming and NFT sales.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Advisory Overtook Web3 Businesses at Animoca Brands in 2024 as Company Pivots

Animoca Brands reported $314 million in bookings, up 12% from 2023’s $280 million, as the company pivoted away from its reliance on gaming and NFT sales.

·Manila, Philippines
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Crypto EconomyCrypto Economy

Animoca Brands Achieves $314M in 2024 Bookings, Marking a 12% Year-Over-Year Growth - Crypto Economy

TL;DR Animoca Brands reached $314 million in annual bookings in 2024, a 12% increase from 2023, with strong growth in its digital asset advisory business. The company implemented artificial intelligence to reduce operational costs by 12% and achieved $108 million in bookings in Q4, surpassing the same period of the previous year. Animoca Brands solidified its presence in the AI and Web3 sectors, investing in over 70 projects and maintaining a r…

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto GuideTheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Animoca Brands Record $314 Million Revenue by December 2024

Animoca Brands recorded a revenue of $314 million in the last year.  Digital Asset Advisory (DAA) business recorded a large amount of $165 million in revenue.  Animoca Brands published a report detailing its revenue statistics for the last year. For FY2024 and Q4 2024, the firm recorded significant growth, and its co-founder Yat Siu expects the same in 2025. Even though several business units of teh firm, such as Moca Network, The Sandbox, and o…

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CryptoPanicCryptoPanic

Animoca Brands’ digital asset advisory business grows 116% in 2024, advising projects including PENGU

Animoca's digital asset advisory business comprised $165 million out of the $314 million bookings the firm logged in the fiscal year.

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Kryptonite to Crypto - All ExplainedKryptonite to Crypto - All Explained

Animoca Brands revenue climbs as AI cuts costs by 12%

Animoca Brands co-founder and executive chairman Yat Siu expects continued growth through 2025 due to a more crypto-friendly regime in the US.

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Coin Desk broke the news in Manila, Philippines on Wednesday, March 5, 2025.
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