The Web3 company will provide capital, advisory support and business development to help Avalanche projects scale, with a focus on real-world assets and digital identity.
Animoca Brands has made a strategic investment in Ava Labs and will support projects building on the Avalanche blockchain, with a focus on expansion in Asia and the Middle East.
According to Thursday’s announcement by the Hong Kong-based Web3 company, the collaboration will target sectors including real-world assets, digital identity and entertainment, with Animoca providing business development support and access to regional networks to help Avalanche-based projects scale and reach institutional users.
Projects pursued under the partnership may also tap into the broader ecosystem of portfolio companies, Animoca said.
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