Animoca ended 2024 with $4.3 billion in total assets

By Jenny Jordan Last updated Mar 5, 2025

Animoca Brands has released its unaudited financials for Q4 2024 and the full year ending on 31st December 2024.

Total assets were worth $4.3 billion, while bookings for 2024 were $314 million, up 12% from 2023’s bookings of $280 million.

More particularly:

$165 million were from its Digital Asset Advisory (DAA) business, up 116% YoY. This includes advisory services, marketing and token listing services, as well as node operations, market-making and trading.
$110 million were recorded coming from Animoca Brands’ incubated projects and subsidiaries including Mocaverse, The Sandbox, Open Campus, GAMEE, and more.
$39 million came from investment activity, including management fees and realized gains.

During this period Animoca raised an additional $10 million in funding for Mocaverse, following the previous investments totalling $31.88 million.

The company’s operating expenses were $217 million for 2024, down 12% from $246 million in 2023. The decrease was partly thanks to “optimization initiatives” including cost reductions and the use of AI within the company and its subsidiaries.

As for new initiatives, AI has been a key focus during 2024. During Q4 Animoca Brands signed a strategic deal with AI platform Virtuals, as well as a collaboration with community-driven AI platform FLock.io.

Currently, the company’s balances as of the end of 2024 include

$293 million in cash and stable coins.
$538 million in digital assets, of which $356 million is in liquid assets, and the rest unvested assets.
$564 million in minority investment holdings in equity and future token distributions via SAFTs.

Additionally, token reserves that are not recorded in the balance sheet totals $2.9 billion. Among these are tokens such as SAND, EDU, MOCA, GMEE, and others issued by Animoca Brands’ majority-owned subsidiaries and partner projects.