Mocaverse, a subsidiary of Animoca Brands, has completed a $10 million financing round, with participation from OKX Ventures and others

ChainCatcher news, according to Techinasia, Animoca Brands' Mocaverse has completed a $10 million funding round, bringing the total funding to $31.88 million. Investors include OKX Ventures, CMCC Global, and HongShan.

The funds will primarily be used to develop consumer crypto infrastructure.

According to RootData, Mocaverse is a metaverse product under Animoca Brands, where Mocas are a group of bold and infinitely creative beings who call Mocaverse home. However, the expansion of space has caused the Mocas to separate, increasing the distance between them tenfold. Additionally, the Mocaverse team is building Web3 native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, and earn and spend loyalty points.