Animoca Brands makes strategic investment in Pudgy Penguins’ parent company Igloo, Inc.
Animoca Brands, the company driving digital property rights, today announced it has executed a Simple Agreement for Future Equity (SAFE) to make a strategic investment in Igloo, Inc., the parent company of Pudgy Penguins. The investment expresses Animoca Brands’ belief in the transformative power of consumer crypto and its confidence in the growth potential of Pudgy Penguins, one of the leading NFT-based intellectual properties, and in Abstract, the blockchain that Igloo, Inc. contributes to ...