• Loading stock data...
Thursday, October 30, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

NBA Top Shot Investor Reports $573M in Revenue

  • Over the past seven months, Animoca Brands has generated $721 million in revenue.
  • The company holds digital assets reserves of roughly $4.2 billion.
Animoca Brands

Software and venture firm Animoca Brands generated $573 million in revenue over the first four months of 2022. 

The results for the investor in NBA Top Shot and Fan Controlled Football were driven by its diverse portfolio of investments and the sale of NFTs, including those on the secondary market. 

  • Animoca Brands holds digital assets reserves of roughly $4.2 billion.
  • The company had a cash balance of $98 million for the first four months of 2022.
  • Over the past seven months, the company has generated $721 million in revenue

The company also announced a series of acquisitions during the four-month period. 

In February, the company acquired indie game developer Grease Monkey Games. Two months later, it agreed to purchase 70% of Paris-based game developer Darewise Entertainment, which included “Need for Speed” developer Eden Games after Darewise purchased the racing game studio in the same month.

Animoca BrandsBig Boost 

The NBA Top Shot investor, which has more than 340 investments totaling over $1.5 billion, raised $360 million in new funding in January, valuing the Hong Kong-based company at $5.4 billion

To date, the company has raised roughly $700 million in total capital.

Animoca Brands could be closing in on another financial boost from private equity firm KKR & Co. The firm is in talks to lift Animoca’s latest funding round from $360 million to $500 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Florida Gators linebacker Shemar James (6) tackles Georgia Bulldogs tight end Oscar Delp (4) during the first quarter of an NCAA college football matchup Saturday, Nov. 2, 2024 at EverBank Stadium in Jacksonville, Fla. The Georgia Bulldogs defeated the Florida Gators 34-20.

Florida-Georgia Rivalry Hits the Road—Still Nets Almost $10M Payouts

The annual rivalry game in Jacksonville is taking a two-year road trip.
Aug 24, 2025; Washington, District of Columbia, USA; Seattle Storm center Dominique Malonga (14) celebrates with Seattle Storm guard Skylar Diggins (4) during the second half against the Washington Mystics at CareFirst Arena.

Dominique Malonga Headlines Unrivaled’s Final Player Announcements

Aari McDonald and Rebecca Allen are also joining Unrivaled.
Dec 10, 2023; Kansas City, Missouri, USA; Buffalo Bills quarterback Josh Allen (17) talks with Kansas City Chiefs quarterback Patrick Mahomes (15) after a game at GEHA Field at Arrowhead Stadium.

CBS Bets Big on Chiefs-Bills Rivalry As AFC Landscape Changes

Big viewership likely awaits the revival of the NFL rivalry.
Multiple streaming services appear on a Roku TV.

Disney, YouTube Settle Suit Over Poached Exec With Deep ESPN Ties

A carriage dispute between Disney and YouTube remains ongoing.

Featured Today

September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.

UFC’s Vegas Sphere Fight Should Set Records

The MMA fight has big aspirations and a budget to match.
August 13, 2024

Duael’s One-On-One Racing Brackets Are Yet Another Stab at Saving Track

Duael will debut in March 2025 with the inaugural Duael 100.
September 8, 2024

Guardian Caps Make NFL Debut

Multiple NFL players wore Guardian Caps over their helmets Sunday.
Sponsored

How HOKA is Reimagining the NIL Relationship

TNT Sports is going all-in on college athletics—bringing fans closer and giving brands a powerful new way to connect.
August 11, 2024

Guardian Caps Have Arrived in the NFL—Ahead of Schedule

Colts star Jonathan Taylor strapped one on for Sunday’s preseason game.
August 5, 2024

How Omega Timing Determined Noah Lyles Won Olympic Gold

Omega touches every corner of the Olympics.
The Adidas ball has changed over the years.
July 25, 2023

The Most Advanced Tech at the Women’s World Cup Might Surprise You

This year’s OCEAUNZ introduces connected ball technology to the women’s game.
Sponsored

Rewriting the Sports Media Playbook

WSC’s highlight automation improved Clemson’s content strategy and overall growth.