Web3 Animoca Brands cuts fundraising goal to $1 billion in Q1 2023

Web3-focused gaming company Animoca Brands has announced that it is now targeting a $1 billion fundraising goal for a fund to inject help into already established blockchain projects. This figure is significantly lower than the $2 billion the company announced in November as the upper limit for the same fund. Animoca Brands announces lower numbers for Web3 and Metaverse fund Animoca Brands, one of the most popular Web3 and blockchain gaming companies, has made a new announcement regarding its fundraising goals for the first quarter of 2023. Yat Siu, co-founder…