Babbitt news, on January 18, animoca brands, a chain game development and investment company, obtained financing of about US $358.9 million, which was led by Liberty City ventures and invested by institutions such as 10t holdings, Gemini frontier fund, parafi capital, provider, Sequoia China and Winklevoss capital. The post investment valuation was us $5 billion. It is reported that animoca said that the capital injection will be used to fund strategic acquisition and investment, product development and intellectual property licensing.