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# Animoca Brands acquires edtech firm TinyTap for over $38 million
- URL: https://www.techloy.com/animoca-brands-acquires-edtech-firm-tinytap-for-over-38-million/
- Published: 2022-06-17T09:37:29.000Z
- Updated: 2022-12-08T01:31:51.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Edtech, Hong Kong, Israel

[Animoca Brands,](https://www.animocabrands.com/) a gaming investment firm based in Hong Kong has acquired TinyTap, an edtech firm based in Israel for $38.88 million, combining cash and shares. 

- Animoca Brands holds an 84.1% stake in the TinyTap with the acquisition.
- TinyTap, a user-generated content edtech firm will now be used to create educational blockchain-related content.
- Animoca earlier raised $360 million at a $5.5 billion valuation this year.