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Animoca Brands Corporation Ltd

Animoca Brands leads the charge in blockchain with Formula 1 partnership

Animoca Brands Corporation Ltd (ASX:AB1) co-founder and chairman Yat Siu updates Proactive Investors on the gaming and tech company’s partnership with Formula 1 to develop a blockchain game. 
 
Siu says that Animoca is pioneering the sector with the new collaboration, noting other companies in the blockchain space would now be thinking of how they can do something similar. 
 
 “I think what’s meaningful here in the blockchain industry is that this is the biggest brand to adopt a blockchain game and non-fungible tokens,” Siu says.
 
He continues, “I don’t think anyone else has done this yet in terms of marquee brands like Formula 1.”

Quick facts: Animoca Brands Corporation Ltd

Price: $0.18

Market: ASX
Market Cap: $161.37 m
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