The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.
Animoca Brands cuts metaverse fund target to $800M: Report
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvN2RkNGNiZTEtOWY2NC00NmU5LWFmOWMtZTEwMTFhNGIxZDMzLmpwZw==.jpg"></p><p>The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.</p>
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