Animoca Brands Becomes a Validator on Core Blockchain to Advance BTC-Fi and the Open Metaverse

Animoca Brands, a web3 leader known for delivering digital property rights through blockchain to global consumers interested in the open metaverse, has launched a validator on Core blockchain.

Animoca Brands, a company known for bringing digital property rights to global consumers on the open metaverse through blockchain technology, has recently joined the validator lineup on Core blockchain. This move is set to bolster network security and decentralization for Animoca.

The collaboration with Core blockchain, a platform that has made waves in the blockchain landscape with its unstoppable, open-source network that facilitates the integration of dApps and drives BTC-fi innovation, will pave the way for Animoca to integrate dApps and drive BTC-fi innovation.

Animoca Brands is a web3 leader in delivering digital property rights to global consumers. The company is known for its work in merging the worlds of entertainment and technology to create a new generation of digital experiences. Animoca Brands boasts a portfolio of over 450 Web3 investments, and its leadership in the space has earned it recognition from Deloitte Tech Fast, Fortune Crypto 40, and the Financial Times High Growth Companies Asia-Pacific.

Core, on the other hand, has carved out a unique position in the blockchain and web3 space. The platform combines the strengths of Bitcoin and Ethereum by being a Bitcoin-powered layer-one blockchain that can run EVM-compatible smart contracts. This unique capability has made Core a top choice for developers, users, and institutions in Web3, especially in BTC-fi.

Animoca Brands is also known for its commitment to building on Bitcoin and advancing opportunities for the ecosystem's builders and dapps, which aligns with Core’s focus on BTC-fi. This shared vision creates a natural synergy where Animoca can explore and utilize Core’s scalability and security to provide an optimal platform for projects aiming to integrate decentralized finance with the Bitcoin network.

Being selected to become a validator on the Core network will also contribute to Animoca’s growth. With Core aiming to unlock over $1.3 trillion of trapped liquidity on Bitcoin and boasting the support of EVM-compatible smart contracts, Animoca will be able to leverage both the stability and decentralization offered by Core.

As the first-ever non-custodial BTC staking protocol and the world's first yield-bearing BTC ETP with Valour, Core has gained massive trust and credibility among the web3 community. Being the most Bitcoin-aligned EVM blockchain, with nearly 50% of Bitcoin mining hash power contributing to the network's security, Core has also achieved impressive statistics.

With 4,400 BTC natively staked in exchange for unlocking Bitcoin utility and rewards, Core has also attracted a large following on social media, with 2.3M Twitter followers and 265k Discord members, translating into millions of Core adopters.

Since its mainnet launch in January 2023, the network has also facilitated over 19M unique addresses and 260M transactions. Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Top 50 Blockchain Game Companies 2024, will now join these ranks.