Rainshine Global Secures Investment from Animoca Brands Japan
On March 8, Animoca Brands Japan\’s global entertainment company Rainshine Global reported that the investment amount was not disclosed.
Animoca Brands Japan has
On March 8, Animoca Brands Japan’s global entertainment company Rainshine Global reported that the investment amount was not disclosed.
Animoca Brands Japan has invested in Rainshine Global, a global entertainment company
Analysis based on this information:
Rainshine Global, a global entertainment company based in the United States, has received an undisclosed amount of investment from Animoca Brands Japan. Animoca Brands Japan is a subsidiary of Animoca Brands, a company based in Hong Kong that specializes in blockchain gaming and non-fungible tokens (NFTs).
The investment by Animoca Brands Japan is expected to help Rainshine Global expand its global presence and develop new entertainment content that reaches a wider audience. Rainshine Global’s core business focuses on creating and distributing original lifestyle and entertainment content across multiple platforms, including digital streaming services, social media, and mobile apps.
The precise amount of investment by Animoca Brands Japan has not been disclosed, although this news comes on the heels of Rainshine Global’s successful Series A funding round that raised $20 million USD in late 2020. With the additional funding from Animoca Brands Japan, Rainshine Global is poised to continue its growth and innovation in the entertainment sector.
This investment is significant for both companies, as Animoca Brands Japan gains a foothold in the US entertainment market while Rainshine Global gains access to Animoca Brands’ expertise in blockchain gaming and NFTs. Animoca Brands’ portfolio of companies includes some of the most popular and innovative blockchain gaming and NFT platforms in the world, such as The Sandbox, F1 Delta Time, and REVV Racing.
Overall, this investment is evidence of the continued growth and consolidation in the entertainment industry, as companies seek to expand their reach and diversify their offerings. With the ongoing pandemic creating new challenges and opportunities in the entertainment sector, companies like Rainshine Global and Animoca Brands are poised to lead the way in developing new and innovative content for audiences around the world.
In conclusion, the investment by Animoca Brands Japan in Rainshine Global is a significant milestone for both companies, representing an important step in their respective growth strategies. With the backing of Animoca Brands’ expertise and resources, Rainshine Global has the potential to continue its success and expand its influence in the global entertainment market.
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