Cryptomoxiz reserves exceed $0.5 billion

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Cryptocurrency exchange CryptoMoxiz's reserves in fiat and digital currencies exceeded $0.5 billion, the company said in a report for investors.

Animoca Brands revenue was ~$721 million. The figure includes revenue from NFT sales, including the secondary market, as well as non-blockchain assets. As other revenue, it included gains/losses from investing activities and digital currency ownership results.

As of April 30, the company had invested more than $1.5 billion in more than 340 projects, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds and Star Atlas, among others.

CryptoMoxiz's cash balance was ~$98 million in fiat and ~$211 million in USDC, USDT, BUSD, ETH and BTC. Reserves in other digital currencies reached ~$259 million.

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Simon Calder

Simon is outgoing young lad who likes adventures and discovering new things. Despite his boring life, He loves writing about cryptocurrencies and exploring what blockchain technology can do for the coming digital world where all adventures will be virtual.