Funding for Mocaverse Project Increased by $10 Million from Animoca Brands
In a significant move aimed at scaling operations and enhancing interoperable technology stack to drive Web3 mass adoption, Animoca Brands, a leading digital entertainment company, has secured a substantial investment of $41.88 million for its Mocaverse project [1]. This latest funding round is part of Animoca Brands' broader umbrella project, Mocaverse.
The investment round saw participation from a variety of prominent investors, including OKX Ventures, CMCC Global, HongShan (formerly Sequoia China), Republic Crypto, Decima Fund, Kingsway Capital, and others [1]. As part of the deal, Animoca Brands will issue new shares priced at A$4.50 and offer investors warrants for Mocaverse’s utility token, MOCA Coin, at an implied fully diluted valuation of $1 billion [1].
The funds raised will primarily be used to advance the Realm SDK, enabling Mocaverse partner projects to build interoperable reputation-based ecosystems and games within the Moca Network [1]. The goal is to create an interoperable infrastructure layer for consumer apps, integrating various cultural economies and maximizing network effects [1].
Jeff Ren, partner of OKX Ventures, expressed delight in investing in Animoca Brands and Mocaverse, highlighting the potential for digital property rights, interoperability, and the evolution of the Internet into more equitable decentralized systems [1]. Yat Siu, co-founder and executive chairman of Animoca Brands, expressed honor at the level of support received from strategic investors [1].
This investment marks the most recent major capital influx specifically associated with the Mocaverse project as of July 2025 [1]. Notably, the round was structured as a simple agreement for future equity (SAFE) [1]. The funds raised will be converted into ordinary shares after six months [1]. Participating investors will receive a free-attaching utility token warrant on a 1:1 dollar basis [1].
The SAFEs and the utility token warrant value MOCA Coin at an implied fully diluted market cap of $1 billion [1]. OKX Ventures, in particular, has established strategic partnerships with OKX Wallet, Mocaverse, and X Layer [1]. This investment is expected to support Animoca Brands in its mission to revolutionize the digital entertainment industry and pave the way for widespread Web3 adoption.
[1] Based on information from various sources.
In this latest investment round for Animoca Brands' Mocaverse project, OKX Ventures, CMCC Global, HongShan, Republic Crypto, Decima Fund, Kingsway Capital, and others participated, demonstrating interest in the company's digital entertainment ventures and Web3 mass adoption. The raised funds will be primarily used to advance technology, specifically the Realm SDK, for building interoperable reputation-based ecosystems and games within the Moca Network.
