Hong Kong’s Animoca Brands Partners with Saudi Arabia for Web3 Expansion
Saturday, 23 March 2024, 00:00
Animoca Brands Partners with Saudi Arabia
In a groundbreaking move, Hong Kong-based Animoca Brands has partnered with Saudi Arabia in the Web3 gaming sector. The company signed an MOU with Saudi Arabia’s state-backed science park, highlighting a strategic alliance in the midst of its US$50 million investment in Neom smart city.
Key Points:
- Partnership with Saudi Arabia: Animoca Brands signs an MOU with Saudi Arabia for Web3 expansion.
- Strategic Alliance: The collaboration paves the way for future growth and opportunities in the Web3 space.
- Investment in Neom: Animoca Brands reinforces its commitment with a US$50 million investment in Neom smart city.
This partnership underscores Animoca's strategic approach to global expansion and signifies its strong presence in the emerging Web3 sector.
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