Animoca drives into crypto racing games with latest acquisition

04/12 05:56

According to Cointelegraph, gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a France-based firm that was founded in 1998. Engine Gaming and Media sold its 96% stake in the company to Animoca for $15.3 million on April 7. With the acquisition, Animoca plans to enhance its REVV Motorsport (REVV) ecosystem by taking a “Metaverse first approach” to new and existing gaming titles, as tweeted by Animoca chairman Yat Siu on April 12. It also hopes to introduce new blockchain-based racing games. Eden Games has partnerships within the automotive industry with the likes of BMW, Bugatti, Porsche, and others which should help Animoca build out a more robust suite of games for racing game aficionados.
bullishbullishbullish1bearishbearishbearish2LikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    This Finance CEO Picks Solana Instead Of Bitcoin — Here’s Why

  • Image

    Bitcoin Slips To $79,500 As $277 Million Exits Spot ETFs

  • Image

    Ethereum Shortfall Says Price Is Headed Lower Unless This Happens

All Comments0LatestHot

avatar
LatestHot

Related Articles

  • Image

    This Finance CEO Picks Solana Instead Of Bitcoin — Here’s Why

  • Image

    Bitcoin Slips To $79,500 As $277 Million Exits Spot ETFs

  • Image

    Ethereum Shortfall Says Price Is Headed Lower Unless This Happens