• Animoca plans to raise $1 billion for its new Web3 and metaverse investment fund.
• Some firms in the Animoca portfolio suffered from the collapse of FTX.
• Regardless of the FTX fiasco, Animoca’s liquid cryptocurrency holdings are $940 million.

Animoca Brands Corporation, a leading Web3 company, has announced its goals for the first quarter of the year. According to a recently concluded Twitter space, the company expects to raise around $1 billion for its new Web3 and metaverse investment fund.

Yat Siu, co-founder of Animoca Capital, noted in the conversation with Bloomberg that the company was in talks with potential investors and will use the money to help blockchain and metaverse companies.

https://t.co/CrFCO1j8iv

Vlad Savov…