Animoca Injects $30M Into HI For Blockchain Gaming Boost

Animoca invests US$30 mn in HI to accelerate blockchain gaming, metaverse development

Hong Kong, August 19 2023- On July 27, 2023, Animoca Brands, a prominent company in the blockchain gaming and metaverse space, disclosed an investment of $30 million into HI, a top-tier mobile social entertainment platform.

Industry observers say that the investment will help HI accelerate the development of its blockchain gaming and metaverse products and services.

“This investment is a major vote of confidence in HI’s vision for the future of blockchain gaming and the metaverse,” said Henry Wang, CEO of HI in a media release.1

“We are excited to partner with Animoca Brands to bring our vision to life and create new and exciting experiences for users around the world.”

Animoca Brands has firmly established itself as a significant presence in the realm of blockchain gaming, actively engaging in the development and investment of numerous prosperous blockchain-based games. The company’s recent financial commitment to HI is viewed as a testament to its unwavering dedication to the blockchain gaming and metaverse sectors.

“We believe that HI is one of the leading platforms in the mobile social entertainment space,” said Yat Siu, co-founder and chairman of Animoca Brands.

“This investment will help HI to further develop its blockchain gaming and metaverse offerings, and we are excited to be a part of this journey.”

Sources
  1. animocabrands: https://www.animocabrands.com/animoca-brands-to-invest-usd-30-million-in-hi-form-strategic-partnership[]
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