Animoca Brands Corporation Limited announced a private placement of 103,181,818 common shares at a price of AUD 1.10 per share for gross proceeds of AUD 113,500,000 on May 13, 2021. The transaction included participation from Liberty City Ventures, MetaPurse, appWorks Ventures Co., Ltd., LCV Fund, Octava, Axia Infinity Ventures, SNZ, new investors Kingsway Capital Partners Limited, RIT Capital Partners plc (LSE:RCP), Hashkey Fintech Investment Fund LP; a fund managed by HashKey Capital, Huobi Ventures, Ellerston Capital Limited, returning investor Perennial Value Management Limited and other investors. The company raised the funding at a post-money valuation of AUD 1,393,500,000.