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Animoca Brands announced a strategic investment in Pudgy Penguins' parent company Igloo
Shenzhen TechFlow News, on November 27th, according to official sources, Animoca Brands announced a strategic investment in Igloo, Inc., the parent company of Pudgy Penguins, through the SAFE protocol. Its subsidiaries, The Sandbox and Animoca Brands Japan, also participated in this round of investment.
Igloo and its subsidiary Cube Labs recently announced that they will provide technical support for the Layer 2 network Abstract of Ethereum. Abstract is committed to providing infrastructure for consumer-grade encryption applications, optimizing user experience by simplifying the onboarding process and creating a highly unified ecosystem. This investment will drive community collaboration between Abstract and Mocaverse, a subsidiary of Animoca Brands.