Cool Cats Receives Strategic Investment From Animoca Brands

The Web3 company behind the blue-chip collection Cool Cats – Cool Cats Group LLC – announced it has received a strategic investment from Animoca Brands. The partnership will help Cool Cats to continue to grow as a successful NFT brand and media company.

How will Animoca Brands and Cool Cats’ work together?

This strategic investment is the result of the long-standing relationship between Ya Siu (Co-Founder and Executive Chairman of Animoca Brands) and Ken Cron (Executive Chairman of Cool Cats Group). In addition to this investment, Cool Cats also announced its partnership with GAMEE in September.

GAMEE is a subsidiary of Animoca and focuses on virtual casual gaming spaces. As part of this partnership, Cool Cats holders will have access to exclusive NFT claims, raffles, and giveaways.

According to Ken Cron: “Yat is one of web3’s foremost thought leaders and he has built one of the most important companies in the industry. Working more closely with Animoca Brands will bring tremendous value to Cool Cats and its community. Our new CEO, Stephen Teglas, and the entire Cool Cats team, couldn’t be more excited to get started.”

Animoca has recently closed a strategic funding round of US$110 million from new investors. As a result, the company will be working on advancing the open metaverse, with a particular focus on GameFi opportunities.

About Animoca Brands

Animoca Brands is a leader in the blockchain, digital entertainment and gamification sectors. It is best known for developing and publishing original games, such as The Sandbox, Crazy Kings, and Crazy Defense Heroes.

It has also played a vital role in bringing the metaverse to the mainstream, thanks to partnerships with Disney, WWE, The Walking Dead, and Snoop Dogg. Animoca Brands has a growing portfolio of more than 380 investments. This latest round of funding will continue to solidify its position as a metaverse leader.