TechFlow news, November 27 — Animoca Brands announced an official strategic investment in Igloo, Inc., the parent company of Pudgy Penguins, via a SAFE agreement. Its subsidiaries, The Sandbox and Animoca Brands Japan, also participated in this funding round.
Recently, Igloo and its subsidiary Cube Labs announced technical support for Abstract, an Ethereum Layer 2 network. Abstract aims to provide infrastructure for consumer-grade crypto applications, optimizing user experience by simplifying onboarding processes and building a highly unified ecosystem. This investment will promote community collaboration between Abstract and Mocaverse, part of Animoca Brands.
Add to Favorites
Share to Social Media
