Animoca Brands Expands Into Stablecoins and AI Infrastructure for Web3 Growth
Animoca Brands is aggressively diversifying its portfolio with strategic moves into stablecoins, artificial intelligence, and decentralized physical infrastructure networks. The company, which manages $2.9 billion in token reserves, aims to lay the groundwork for broader blockchain adoption. Its partnership with Standard Chartered Bank to secure a stablecoin issuer license in Hong Kong underscores its ambition to capture a share of the $300 billion daily stablecoin settlement market.
The launch of Anchorpoint Financial and a $10 million investment in Pencil Finance highlight Animoca's focus on tokenized real-world assets. The EDU Chain, now boasting $150 million in total value locked, demonstrates the growing intersection of blockchain and education finance. Meanwhile, the company's Digital Asset Advisory business has surged 116% to $165 million in bookings, signaling robust institutional demand for Web3 solutions.
