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Edtech Hong Kong Israel

Animoca Brands acquires edtech firm TinyTap for over $38 million

Animoca Brands, 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

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
Animoca Brands acquires edtech firm TinyTap for over $38 million
Photo by Avel Chuklanov / Unsplash

Animoca Brands, 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.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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