Animoca Brands, a blockchain gaming conglomerate, has expanded its horizons by acquiring indie game developer Blowfish Studios.
Blowfish will join the ranks of blockchain royalty such as The Sandbox and F1 Delta Time in a $6.6 million deal. Animoca Brands’ cross-platform capabilities will be greatly enhanced as a result of the alliance. On the other hand, Blowfish will benefit from Animoca’s vast knowledge of the blockchain gaming industry.
The rise in play-to-earn gaming is expected to continue as the Animoca empire expands its already impressive portfolio. Animoca has made a name for itself in the NFT gaming realm, despite being well established in the crypto realm. Aside from the high-profile games, the company was an early investor in some of the most popular NFT platforms to date. As proof of this, Animoca has made significant investments in industry heavyweights such as Dapper Labs, OpenSea, and Axie Infinity.
Furthermore, with Blowfish developing titles for all major console and PC gaming platforms, it’s clear where Animoca’s intentions lie.