THELOGICALINDIAN - The NFT gaming administrator has bought Blowfish Studios for 66 million
Animoca Brands has appear the accretion of Sydney-based Blowfish Studios, accretion the firm’s bold development capabilities.
Animoca Brands Expands Game Development
Animoca Brands is abacus to its portfolio of bold development aptitude by accepting Blowfish Studios.
The deal, announced Thursday, sees the arch NFT gaming administrator buy out Blowfish with a aggregate of banknote and shares for about $6.6 million. Blowfish will abide to accomplish as accustomed afterward the accretion but will assignment carefully with Animoca on accessible initiatives. The two companies plan to adjust their efforts apropos to blockchain integration, non-fungible tokens (NFTs), play-to-earn capabilities, and artefact launches.
Speaking on the acquisition, Yat Siu, co-founder and administrator of Animoca Brands, said:
“We are abundantly captivated to acceptable Blowfish, a aggregation that decidedly expands our accommodation in the cross-platform amateur amplitude and that has a able absorption in and compassionate of blockchain. The aggregate of different capabilities in AAA gaming and blockchain is a attenuate and admired alloy and we are already adamantine at assignment on a cardinal of actual agitative projects to be appear soon.”
As one of Asia Pacific’s fastest-growing NFT gaming companies, Animoca Brands already publishes several arresting blockchain games, such as The Sandbox and F1 Delta Time. Additionally, the close additionally sports a portfolio of partnerships and investments in arch NFT projects such as Dapper Labs’ Cryptokitties and NFT exchange OpenSea. The aggregation was additionally an aboriginal broker in Sky Mavis’ Axie Infinity, the NFT-based bold demography the crypto apple by storm this summer.
