Animoca Brands and EVG solidify strategic partnership with cross-investments

Animoca Brands and Everest Ventures Group have joined forces to launch an investment exchange initiative to enhance the Web3 ecosystem. Both entities are committed to advancing Web3 technology and promoting its widespread adoption.

As part of their collaboration, Animoca Brands and EVG will engage in mutual investments and exchange initiatives. Animoca Brands will support the release of several EVG consumer products this year to connect users with Web3 technology.

The lineup of products includes OpenSocial Protocol, Zeek, Last Odyssey, and Legend of Arcadia, each offering unique features to enhance the Web3 experience. In return, EVG will invest in Animoca Brands projects such as Anichess, Darewise, and Mocaverse to promote digital property rights.

Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, expressed excitement about the partnership with EVG and their shared vision for Web3 innovation. Allen Ng, Co-Founder and CEO of EVG, praised Animoca Brands’ commitment to advancing the Web3 agenda and creating impactful projects.

Both companies aim to develop projects that will drive long-term adoption of Web3 technology and withstand market fluctuations. They believe in the potential of genuine utility and innovation to shape the future digital landscape.

Animoca Brands leverages blockchain technology to empower users with digital property rights and build an open metaverse. Everest Ventures Group plays a vital role in promoting mass acceptance of Web3 technology and driving its integration into various industries.