Animoca Brands: Q1 2024 revenue up 72% from Q1 2023
Animoca Brands has released its Q1 2024 investor update. The report shows that the Q1 2024 revenue reached $90 million, a 72% increase from $52 million in Q1 2023. This growth is mainly attributed to "digital asset consulting," which accounted for $65 million. In addition, Web3 subsidiaries and partnerships with startups contributed $19 million, and investment management contributed $6 million.
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