Animoca Brands denies claims that its metaverse fund fundraising target was reduced by 20% to $800 million

March 26 TuoniaoX.com news, Web3 game developer Animoca Brands denied claims that it reduced its metaverse fund fundraising target by 20% to $800 million amid crypto market volatility and banking instability. Additionally, the company also denied claims that its valuation has plummeted from $6 billion in July 2022 to approximately $2 billion in March 2023.