Hong Kong-based blockchain gaming and Web3 investor, Animoca Brands, has yet to publish its 2020 audited accounts despite receiving an extension until the end of Q1 2023. The company's chairman, Yat Siu, attributed the delay to market turbulence in 2021 and 2022. Animoca Brands made about 450 rounds of investments in Web3 projects, but the volatility of the tokens has presented a problem. The auditors are working to reflect the impact of 2020 investments in 2021 or 2022 in the accounts, causing a delay in publishing the reports.
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Blockchain Gaming Investor Animoca Brands Misses Financial Report Deadline Due to Market Turbulence
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