Animoca Brands accelerates its 2025 roadmap through June 2024 partnerships with Chainlink and Ubisoft, AI investments, and stablecoin development, positioning itself at the intersection of traditional finance and Web3 ecosystems.
Last week, Animoca Brands committed $10 million to AI startup Neural Nexus (25 June 2024), marking its third major June initiative bridging blockchain infrastructure with next-gen gaming tools ahead of 2025 product launches.
Recent Developments (since 01 June 2024)
This month’s strategic moves demonstrate Animoca’s multi-pronged approach:
- 25 June 2024: $10M investment in Neural Nexus to develop AI-powered NPCs for Web3 games, as confirmed by TechCrunch and Animoca’s blog (10 June 2024)
- 22 June 2024: Received HKMA preliminary approval for HK$-pegged stablecoin with Standard Chartered, advancing Hong Kong’s crypto hub ambitions (Bloomberg)
- 18 June 2024: Announced ‘Revolution’ Web3 game with Ubisoft, leveraging blockchain for cross-platform asset portability (Decrypt)
Historical Comparison
While Animoca’s 2023 efforts focused on NFT gaming partnerships (The Sandbox expansion, 15 March 2023), its June 2024 initiatives reveal a strategic pivot toward infrastructure development. The Chainlink collaboration (15 June 2024) mirrors 2022’s Flow blockchain integration but with enhanced RWA capabilities for institutional adoption.
Standard Chartered’s involvement contrasts with Animoca’s 2021-2023 crypto-native partnerships, signaling newfound TradFi credibility following Hong Kong’s regulatory reforms (29 May 2024 framework announcement).