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Animoca Brands to purchase additional EDU tokens from open market

22 May 2024 - Animoca Brands today has disclosed that it intends to acquire additional EDU tokens from the open market. EDU is the governance and utility token used by Open Campus, which is the world's first Web3 education protocol and is backed by Binance Labs, Sequoia China, Animoca Brands, and others.


Animoca Brands firmly supports the work of Open Campus and the EDU Foundation, including in particular the upcoming EDU Chain, the first Layer 3 (L3) blockchain specifically designed to serve the global education industry, which is estimated to grow to US$8 trillion in value by 2030 (please refer to Morgan Stanley, June 2023). 


Animoca Brands and its subsidiary TinyTap are launch partners of Open Campus, together with other companies; Yat Siu, the executive chairman and co-founder of Animoca Brands, and Yogev Shelly, the CEO of TinyTap, are members of the EDU Foundation Council.

About Animoca Brands

Animoca Brands (ACN: 122 921 813), a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game, TinyTap, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a  portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook, and TikTok.


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