ANIMOCA DRIVES INTO CRYPTO RACING GAMES WITH LATEST ACQUISITION

The metaverse is revving its engines, and Animoca Brands, a major player in NFT gaming and metaverse investments, is grabbing the wheel. BTCUSD Bitcoin Animoca Drives into Crypto Racing Games With Latest AcquisitionThe Hong Kong-based venture capital giant, recently valued at over $5 billion, has officially announced its acquisition of Eden Games, a France-based developer renowned for its work on popular racing game franchises like Test Drive Unlimited and Gear.Club. Co-founder and chairman of Animoca Brands Yat Siu said in a Monday statement that the acquisition would add value to the REVV community and the racing metaverse by way of its many assets in the racing world. Animoca has been busy building out its own racing game ecosystem and is looking to fill the void created by its F1 Delta Time gameThis strategic move, finalized with the purchase of Engine Gaming and Media's 96% stake in Eden Games for $15.3 million, signals Animoca's firm commitment to expanding its presence in the burgeoning crypto racing game space and further building out its REVV Motorsport ecosystem. Animoca drives into crypto racing games with latest acquisition. Ap Animoca Brands; Avalanche-based blockbuster game Shrapnel completes $7M token sale.What does this acquisition mean for the future of racing games? The famous gaming and venture capital enterprise, Animoca Brands, has announced its latest takeover of Eden Games, makers of popular racing games like the Gear.Club and Test Drive Series. Founded in 2025, Eden Games is a gaming company based in France. The firm is a well-known brand in the video game community. Animoca Brands alsoHow will NFTs and blockchain technology revolutionize the driving experience?Get ready to buckle up as we delve into the details of this landmark deal and explore its potential impact on the gaming world.

Animoca Brands Accelerates into the Metaverse with Eden Games

Animoca Brands' acquisition of Eden Games is a powerful indicator of the company's strategic vision for the future of gaming.Yat Siu, co-founder and chairman of Animoca Brands, emphasized that this acquisition will significantly contribute to the REVV community and the broader racing metaverse, enriching it with a wealth of racing game assets and expertise. Venture capital giant and the company behind The sandbox metaverse, Animoca Brands has recently announced the completion of its landmark acquisition of France- Animoca Brands acquires Eden Games, driving into Crypto Racing Games - Latest News and Insights on Blockchain, Cryptocurrency, and InvestingBut what makes Eden Games such a valuable asset?

Eden Games: A Legacy of Racing Excellence

Founded in 2025, Eden Games boasts a rich history of developing critically acclaimed and commercially successful racing games for consoles and PC.Their portfolio includes:

• Test Drive Unlimited Series: A groundbreaking open-world racing experience that set a new standard for the genre.
• Gear.Club: A mobile racing game praised for its stunning graphics and realistic driving physics.
• Need for Speed (Collaborations): Eden Games has also contributed to the development of several titles in the iconic Need for Speed franchise.

This proven track record demonstrates Eden Games' deep understanding of the racing game market and their ability to create engaging and immersive experiences for players. Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, the Test Drive series and other popular racing games. Eden Games is a France-based firm that was founded in 2025. Engine Gaming and Media sold its 96% stake in the company to Animoca for $15.3 million last Thursday.The acquisition instantly brings a wealth of experience and existing intellectual property to Animoca’s portfolio.

The Strategic Rationale: Building the REVV Motorsport Ecosystem

Animoca Brands isn't just acquiring a game developer; they're acquiring a key piece of the puzzle in their ambitious plan to build the ultimate racing metaverse. The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach. Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a France-based firm that was founded [ ]The REVV Motorsport ecosystem is at the heart of this strategy, and Eden Games' expertise will be instrumental in its continued development. All the games are blockchain-based and integrate nonfungible tokens (NFTs).By inserting its NFT products into sports, Animoca will be able to capitalize on Deloitte s estimated $2 billion in sports NFT transactions in 2025.Co-founder and chairman of Animoca Brands Yat Siu said in an April 11 statement that the acquisition would add valueThis ecosystem is designed to integrate blockchain technology and NFTs (Non-Fungible Tokens) into the core gameplay experience.

What is the REVV Motorsport Ecosystem?

The REVV Motorsport ecosystem is a suite of blockchain-based racing games and experiences powered by the REVV token. Menu. Home; Bitcoin Chart; Cryptocurrency News; Live PricesThe vision is to create a unified metaverse where players can own, trade, and utilize digital assets across multiple racing games.Some of the key components of the REVV ecosystem include:

• REVV Racing: An arcade simulation blockchain racing game.
• MotoGP™ Ignition: A blockchain-based MotoGP™ management game.
• Formula E: High Voltage: A fast-paced, electrifying Formula E racing game on the blockchain.

With the addition of Eden Games, Animoca Brands aims to enhance the REVV Motorsport ecosystem with new racing experiences and functionalities. Gaming and enterprise capital agency Animoca Manufacturers has accomplished its landmark acquisition of Eden Video games, publishers of the Gear.MembershipThis strategic move is intended to fill the void created by its F1 Delta Time game.

NFTs and Blockchain: Revolutionizing Racing Games

The integration of NFTs and blockchain technology is poised to transform the racing game landscape in several key ways:

• True Ownership: Players can truly own their in-game assets, such as cars, parts, and customization items, as NFTs on the blockchain.
• Play-to-Earn (P2E): Players can earn REVV tokens and other cryptocurrencies by participating in races, completing challenges, and contributing to the ecosystem.
• Interoperability: NFTs can be used across multiple games within the REVV Motorsport ecosystem, allowing players to transfer their assets and progress from one game to another.
• Community-Driven Development: Blockchain technology enables greater transparency and community participation in the development and governance of racing games.

By embracing these innovations, Animoca Brands aims to create a more engaging, rewarding, and sustainable gaming experience for players.

Animoca Brands' Broader Metaverse Strategy

The acquisition of Eden Games is just one piece of Animoca Brands' broader strategy to build a decentralized and interconnected metaverse.As a leading investor in metaverse companies like The Sandbox, Animoca Brands is actively shaping the future of digital ownership and virtual experiences.

Key Investments in the Metaverse

Animoca Brands has made strategic investments in numerous companies that are building the foundation of the metaverse, including:

• The Sandbox: A user-generated content platform where players can create, own, and monetize their virtual creations.
• Decentraland: A decentralized virtual world where users can buy, sell, and develop virtual land.
• Axie Infinity: A blockchain-based game where players can collect, breed, and battle digital pets.

These investments demonstrate Animoca Brands' commitment to supporting the growth and development of the metaverse ecosystem as a whole.

The Financial Details: $15.3 Million Acquisition

The acquisition of Eden Games was finalized with Animoca Brands purchasing Engine Gaming and Media's 96% stake in the company for $15.3 million.This significant investment underscores Animoca Brands' confidence in the long-term potential of the crypto racing game market. The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach. Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games.Engine Gaming and Media sold its stake on April 7th.

What Does This Mean for Engine Gaming and Media?

For Engine Gaming and Media, the sale of Eden Games represents a strategic shift in their business focus. Crypto hot; Covid19 Trending; The Latest. Spring into Better Health: Preventive Care Tips for Rural Families This March. health; by newsdesk.By divesting their stake in the game developer, they can reallocate resources to other areas of their business. 217 subscribers in the Animoca community. Animoca Brands 🦄 - branded blockchain gaming // From the Alps to the metaverseHowever, it allows Animoca to integrate a well-established studio into their growing web3 empire.

The Future of Racing Games: A Crypto-Fueled Evolution

Animoca Brands' acquisition of Eden Games marks a significant milestone in the evolution of racing games.By combining Eden Games' expertise in racing game development with Animoca Brands' leadership in blockchain technology and NFTs, the two companies are poised to create groundbreaking new experiences that will redefine the genre. A empresa de investimentos em jogos NFT Animoca Brands concluiu sua aquisi o da Eden Games comprando a participa o de 96% da Engine Gaming and Media na empresa por US$ 15,3 milh es. A Animoca aprimorar seu ecossistema de jogos de corrida com a compra.The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach.

Potential Impacts on the Gaming Industry

This acquisition could have a ripple effect throughout the gaming industry, potentially leading to:

• Increased Adoption of NFTs: Mainstream adoption of NFTs in racing games, as players realize the benefits of true ownership and play-to-earn mechanics.
• New Business Models: The emergence of new business models for racing games, based on blockchain technology and community-driven development.
• Greater Player Engagement: Increased player engagement and retention, as players are incentivized to participate in the ecosystem and contribute to its growth.
• Cross-Platform Interoperability: Greater interoperability between different racing games and platforms, as NFTs enable players to transfer their assets and progress seamlessly.

Challenges and Opportunities

While the potential benefits of integrating blockchain technology and NFTs into racing games are significant, there are also challenges that need to be addressed. Animoca Brands, recently valued above $5 billion as one of the largest crypto game publishers and metaverse investors, is expanding further by acquiring long-running video game developer Eden Games. Founded in 2025, Eden Games is best known for developing console and PC racing games like the Test Drive Unlimited series and Need for SpeedThese include:

Addressing Concerns About NFTs

One of the main challenges is addressing concerns about the environmental impact of NFTs, particularly those based on proof-of-work blockchains. Menu. Home; Bitcoin Chart; Cryptocurrency News; Cryptocurrency Software; Privacy PolicyAnimoca Brands is committed to using energy-efficient blockchain technologies and promoting sustainable practices within the gaming industry.

Navigating Regulatory Uncertainty

The regulatory landscape surrounding cryptocurrencies and NFTs is still evolving, which creates uncertainty for developers and players alike. NFT gaming investment firm Animoca Brands has completed its acquisition of Eden Games by buying Engine Gaming and Media s 96% stake in the company for $15.3 million. Animoca will enhance its racing game ecosystem with the purchase.Animoca Brands is actively engaging with regulators to promote clarity and foster a supportive environment for innovation.

Ensuring Accessibility for All Players

It's important to ensure that crypto racing games are accessible to all players, regardless of their technical expertise or financial resources. NFT gaming investment firm Animoca Brands has completed its acquisition of Eden Games by buying Engine Gaming and Media s 96% stake in the company for $15.3 million. Animoca will enhance itsAnimoca Brands is committed to creating user-friendly interfaces and providing educational resources to help players understand the benefits of blockchain technology.

Expert Opinions and Industry Insights

Industry experts and analysts have expressed positive views on Animoca Brands' acquisition of Eden Games, recognizing its strategic importance and its potential to accelerate the adoption of blockchain technology in the gaming industry. Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is a France-based firm that was founded in 2025.Yat Siu, co-founder and chairman of Animoca Brands said in a Monday statement that the acquisition would add value to the REVV community and the racing metaverse by way of its many assets in the racing world.

Analyst Perspectives

Many analysts believe that Animoca Brands is well-positioned to capitalize on the growing popularity of crypto racing games.Their extensive experience in the metaverse and their strong relationships with other leading blockchain companies give them a significant advantage in this emerging market.

Conclusion: A New Era for Racing Games

Animoca Brands' acquisition of Eden Games marks a pivotal moment in the history of racing games.By embracing blockchain technology and NFTs, the two companies are poised to create a new generation of racing experiences that are more engaging, rewarding, and sustainable than ever before. Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racing games. Eden Games is aThe integration of NFTs into sports, Animoca will be able to capitalize on Deloitte s estimated $2 billion in sports NFT transactions in 2025.This acquisition is not just about adding another studio to Animoca's portfolio; it's about shaping the future of the metaverse and driving innovation in the gaming industry as a whole.As Animoca continues to build out its REVV Motorsport ecosystem, the future of crypto racing games looks brighter than ever. Animoca Drives into Crypto Racing Games With Latest Acquisition Gaming and venture capital firm Animoca Brands has completed its landmark acquisition of Eden Games, publishers of the Gear.Club, Test Drive series, and other popular racingSo, get ready to experience the thrill of the race in a whole new way – the metaverse is calling, and the future of driving is here.