Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report
The Wall Street firm would add to the almost $360 million already raised from Winklevoss Capital, Soros Fund Management and others.
Global investment company KKR is in talks to join Animoca Brands' latest financing effort, taking its funding from the round to about $500 million, according to a report by Bloomberg.
- KKR is one of a number of investors in talks with Animoca, Bloomberg reported Wednesday, citing people familiar with the matter.
- The Wall Street firm, which manages alternative investments, such as private equity and hedge funds, would add to the almost $360 million raised from Winklevoss Capital, Soros Fund Management and others, which took Animoca's valuation to around $5.5 billion last month.
- Hong Kong-based Animoca has more than doubled its valuation in recent months, following a $65 million fund raising at a $2.2 billion valuation in October.
- KKR declined to comment when contacted by CoinDesk. Animoca did not respond to a similar request.
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