• Animoca Brands Acquires Indie Game Developer Blowfish Studios

  • Animoca Brands has announced the acquisition of Sydney-based Blowfish Studios, expanding the company’s game development capabilities.

    Animoca Brands expands game development

    Animoca Brands is adding to its portfolio of game development talent with the acquisition of Blowfish Studios.

    The deal, announced Thursday, sees the leading NFT game publisher acquire Blowfish for a combination of cash and stock for approximately $6.6 million. Post-acquisition Blowfish will continue to operate as normal, but will work closely with Animoca on upcoming initiatives. The two companies plan to coordinate on blockchain integration, non-forgeable tokens (NFTs), game revenue capabilities, and product launches.

    Speaking about the acquisition, Yat Siu, co-founder and chairman of Animoca Brands, said.

    “We couldn’t be more excited to welcome Blowfish, a team that greatly expands our capabilities in the cross-platform gaming space and has a strong interest and understanding of blockchain.The combination of AAA gaming and the unique capabilities of blockchain is a rare and valuable blend, and we are already working on some very exciting projects that will be announced soon.”

    As one of the fastest growing NFT gaming companies in the Asia-Pacific region, Animoca Brands has published several notable blockchain games, such as Sandbox and F1 Delta Time. The company has also partnered and invested in leading NFT projects such as Dapper Labs’ Cryptokitties and NFT marketplace OpenSea. the company was also an early investor in Sky Mavis’ Axie Infinity, an NFT-based game that took the cryptocurrency world by storm this summer.

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