Animoca has secured an additional $10 million in funding for the Mocaverse, with participation from OKX Ventures, Sequoia Capital, and others.

BlockBeats News, November 12th, Animoca Brands announced a $10 million funding round for its Web3 metaverse project, Mocaverse. Investors included OKX Ventures, CMCC Global, Sequoia (formerly Sequoia China), Republic Crypto, Decima Fund, Kingsway Capital, among others. The investment comes with free warrants of practical utility for the MOCA Coin, with an implied fully diluted valuation (FDV) of $1 billion, following the same structure as the two previously announced parts.

Reportedly, Animoca Brands had announced a $31.88 million investment last year to build an interoperable infrastructure technology stack for mass consumer adoption of the cryptocurrency-based ecosystem.