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Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility

The Lithuania-based Web3-focused neobank hi has secured a $30 million investment from the major metaverse investor Animoca Brands to strengthen the real-world utility of cryptocurrencies and non-fungible tokens (NFTs). T...

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Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility
The Lithuania-based Web3-focused neobank hi has secured a $30 million investment from the major metaverse investor Animoca Brands to strengthen the real-world utility of cryptocurrencies and non-fungible tokens (NFTs).
The investment is part of a newly formed “strategic partnership” between the two firms that involves collaboration on initiatives to “amplify the utility of fungible tokens and NFTs,” an announcement from Animoca Brands from Thursday said....
Read More: Web3 Neobank 'hi' Secures $30 Million Investment from Animoca Brands to Strengthen NFT Utility

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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