Animoca Brands Joins MultiversX as Leading Validator, Strengthening Web3 Gaming and Infrastructure
Staff Writer • 2025-02-26
MultiversX, a high-performance blockchain network designed for scalability and digital ownership, has announced that Animoca Brands has joined as a validator and ecosystem contributor. This strategic collaboration brings together Animoca Brands' extensive portfolio of over 540 Web3 companies and MultiversX’s cutting-edge blockchain infrastructure, paving the way for enhanced support for creators, users, and businesses moving on-chain. Bridging Gaming, Digital Ownership, and Scalable Blockchain Solutions Animoca Brands, a Hong Kong-based pioneer in Web3 gaming and digital asset infrastructure, has rapidly grown into one of the most influential companies in blockchain technology. Originally founded as a mobile gaming company in 2014, Animoca pivoted to Web3 in 2018, backing industry leaders such as OpenSea, Decentraland, and The Sandbox. With a focus on gaming, digital collectibles, open worlds, and blockchain infrastructure, its vast investment network has played a pivotal role in mainstreaming digital asset ownership. By joining MultiversX as a validator, Animoca Brands is expanding its influence beyond gaming and into core blockchain infrastructure. This move aligns with MultiversX’s latest Staking V4 upgrade, which has significantly improved network decentralization and increased the Nakamoto Coefficient by 50%, making it easier for new validators to participate. Animoca Brands has already launched a staking pool with over 100,000 EGLD, leveraging MultiversX’s robust ecosystem to support secure and scalable Web3 applications. Unlocking Web3 Adoption Through MultiversX’s Infrastructure MultiversX has positioned itself as a leader in horizontally scalable blockchain infrastructure, offering tools like Sovereign Chains, which enable businesses to launch their own customizable blockchains while maintaining interoperability with the broader ecosystem. “Animoca Brands is thrilled to be a validator and contributor for MultiversX. Together, we aim to redefine the gaming industry's landscape, empower users, and accelerate the adoption of Web3,” said Yat Siu, co-founder and executive chairman of Animoca Brands. “By combining Animoca Brands' industry leadership with MultiversX's scalable network and sovereign chain infrastructure, we look forward to advancing development in the Web3 industry.” This collaboration is expected to accelerate blockchain adoption across gaming and entertainment, two of the most promising sectors for Web3 innovation. MultiversX’s unique on-chain 2FA mechanism and native asset ownership provide strong security and digital property rights, key components for the next wave of blockchain-based consumer applications. “MultiversX brings important contributions to the space. Whether we are talking about the unique on-chain 2FA mechanism or the native assets which offer deep ownership implications, they are essential for the upcoming wave of consumer apps built on-chain,” said Beniamin Mincu, CEO of MultiversX Foundation. “It’s great to have Animoca Brands joining the ecosystem as a validator and exploring these feats to boost Web3 adoption in gaming and entertainment.” Boosting Startup Growth Through xLaunchpad and Animoca Brands' Support Further strengthening the collaboration, standout Web3 startups incubated on xLaunchpad, MultiversX’s highly selective accelerator program, will be eligible to apply for additional support from Animoca Brands. With an acceptance rate of just 0.5%, xLaunchpad is designed to back only the most promising blockchain projects, making it a natural extension of Animoca Brands' investment strategy in digital entertainment and gamified experiences. As blockchain gaming continues to evolve, the partnership between MultiversX and Animoca Brands is set to drive innovation, scalability, and mainstream adoption. With institutional-grade infrastructure meeting industry-leading gaming expertise, this collaboration signals a major step toward the future of digital asset ownership and blockchain-powered entertainment.
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