Digital entertainment, blockchain and gamification company Animoca Brands has secured a majority stake in Los Angeles-based music metaverse gaming platform Pixelynx.

According to its December 6 announcement, Animoca Brands expects its acquisition to further the integration between gaming and Web3 technologies and communities. Financing terms for the acquisition were not disclosed.

Animoca hinted that it would continue to invest in and acquire digital studios to help in its effort to integrate the music industry with Web3, a broad umbrella term referring to some future iteration of the Internet powered by blockchain technology.

Pixelynx already operates in five countries and is currently building an ecosystem that blurs the lines between music, games and Web3, both in…