Drake Star Acts as Exclusive Financial Advisor on Animoca Brands equity sale

  • Year
    March/2023
  • Sector
    Digital Media Gaming Blockchain
  • Our Mission
    Drake Star Acts as Exclusive Financial Advisor

LOS ANGELES | March 13th, 2023 – Drake Star is pleased to have acted as exclusive financial advisor to some of the leading VC investors on their significant equity sale of Animoca Brands to Global asset manager and hedge funds.

Animoca Brands is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, Be Media, PIXELYNX, and WePlay Media. Animoca Brands has a growing portfolio of Web3 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others.

Michael Metzger, Partner at Drake Star, said: “We are delighted to have worked on this transaction. Valued at several billion dollars, Animoca Brands is a global leader in the media, gaming and blockchain space with over 300 investments and acquisitions (such as The Sandbox and nWay), and we are very excited about the growth and innovation it is bringing in the Web3 and metaverse space.

Drake Star Team: Michael Metzger, Mohit Pareek

Inquiries 

For further inquiries, please contact:

Michael Metzger

Partner | Drake Star

michael.metzger@drakestar.com | + 1 310-696-4011

About Drake Star 

Drake Star is an award-winning global tech investment bank that has completed over 400 transactions since 2003. Drake Star team of over 100 senior professionals across offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Consumer & Retail Technology, Digital Media, FinTech, Mobility & Sustainability, Software/SaaS, Digital Services, and Industrial Tech sectors.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPCDrake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorized and regulated by the Financial Conduct Authority. © 2023 Drake Star Partners Limited. 

For more information, visit www.drakestar.com 

*Partner Office

Inquiries

For further inquiries, please contact:

Michael Metzger Full
Biography
Michael Metzger
Partner FinTech Digital Media
Mohit Pareek, CFA
Mohit Pareek, CFA
FinTech Digital Media