Animoca Brands released its second and third quarter financial reports for 2024. Its total revenue in the third quarter reached US$69 million, a month-on-month increase of 43.8% and a year-on-year increase of 165%. Revenue mainly comes from three business segments, with Digital Asset Advisory (DAA) contributing US$25 million, Web3 operating business revenue of US$39 million, and investment management revenue of US$5 million.
As of the end of September 2024, Animoca Brands held US$248 million in cash and stablecoins and US$330 million in liquid digital assets, mainly including ETH, BTC and APE. In addition, the company also holds off-balance sheet token reserves worth US$1.6 billion, including SAND, EDU, MOCA, REVV, TOWER, GMEE, etc.