Animoca Brands Partners with Ava Labs, Invests in Avalanche (AVAX)

Animoca Brands has partnered with Ava Labs and invested in Avalanche (AVAX) to expand the blockchain's presence in Asia and the Middle East. The two companies will work together to support projects in real-world asset tokenization, entertainment, and digital identity. Animoca Brands has established regional infrastructure and institutional relationships to commercially expand Avalanche ecosystem projects. The amount of the investment was not disclosed.