CandleFocus

Animoca Brands Plans to Buy Back WATCoins

Animoca Brands has announced its strategy to purchase WATCoins, the service token associated with its subsidiary GAMEE's Telegram Mini App, WatBird. This move aims to strengthen the integration of WatBird within the larger TON ecosystem, showing Animoca Brands' commitment to the Web3 landscape. The company has a strong focus on blockchain gaming and digital ownership rights, with over 540 Web3 investments and successful projects like The Sandbox and collaborations with MotoGP and Formula E. Following the announcement, WATCoin's price saw a significant increase, indicating growing investor interest and confidence in Animoca Brands.

Related News