XYRO Secures Strategic Investment and Partnership with Animoca Brands


Peter
Zhang


Jul
15,
2024
16:57

XYRO
announces
strategic
investment
and
collaboration
with
Animoca
Brands
to
enhance
its
gamified
social
trading
platform.

XYRO Secures Strategic Investment and Partnership with Animoca Brands

XYRO,
the
world’s
first
gamified
social
trading
platform,
has
announced
a
significant
strategic
investment
and
collaboration
with
Animoca
Brands,
a
leading
company
driving
digital
property
rights
via
NFTs
and
gaming.
This
partnership
aims
to
reshape
the
landscape
of
blockchain
gaming,
according
to

Animoca
Brands
.

Strategic
Investment
and
Collaboration

The
collaboration
will
see
Animoca
Brands
leveraging
its
extensive
resources
to
support
XYRO’s
gaming
platform.
XYRO
plans
to
use
this
strategic
investment
to
enhance
its
offerings
and
accelerate
growth,
combining
its
unique
game
mechanics
with
Animoca
Brands’
expertise
in
creating
immersive,
blockchain-based
experiences.

Animoca
Brands,
known
for
its
significant
footprint
in
gamification
and
blockchain,
boasts
a
portfolio
of
over
450
investments.
The
company’s
mission
is
to
advance
digital
property
rights
and
decentralized
projects
to
help
build
an
open
metaverse.

Leadership
Comments

Vlad
Sadkov,
CEO
of
XYRO,
expressed
enthusiasm
about
the
partnership,
stating, “The
investment
from
and
collaboration
with
Animoca
Brands
represents
a
pivotal
step
in
our
journey.
With
Animoca
Brands’
backing,
we
are
poised
to
expand
our
reach
and
continue
developing
engaging
and
revolutionary
gaming
experiences.”

Yat
Siu,
co-founder
and
chairman
of
Animoca
Brands,
added, “The
majority
of
gamers
play
games
for
social
reasons,
and
XYRO
has
demonstrated
strong
innovation
in
its
approaches
to
combining
GameFi
with
SocialFi.
We
are
excited
to
invest
in
and
collaborate
with
this
team
to
continue
to
push
the
boundaries
of
what’s
possible
in
crypto
gaming.”

Future
Prospects

The
strategic
investment
and
collaboration
are
expected
to
assist
XYRO
in
enhancing
its
product
offerings
and
expanding
its
user
base
globally.
The
company
aims
to
tap
into
new
markets
and
demographics,
further
solidifying
its
position
in
the
blockchain
gaming
industry.

About
XYRO

XYRO
is
the
world’s
first
gamified
social
trading
platform,
blending
GameFi
and
SocialFi.
It
leverages
the
power
of
gamification
to
revolutionize
trading
and
participation
in
the
Web3
space,
making
cryptocurrency
both
accessible
and
attractive.

About
Animoca
Brands

Animoca
Brands,
a
recognized
leader
in
Web3,
leverages
blockchain
to
deliver
digital
property
rights
to
consumers
worldwide,
helping
to
establish
the
open
metaverse.
The
company
develops
and
publishes
a
broad
portfolio
of
products,
including
original
games
and
products
utilizing
popular
intellectual
properties
from
sports
and
entertainment.
Animoca
Brands
is
also
one
of
the
most
active
investors
in
Web3,
with
a
portfolio
of
over
450
investments.

Image
source:
Shutterstock

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