Animoca Brands announced a strategic investment in Astar Network aiming to enter the Japanese market.

Golden Finance reports that Animoca Brands has announced a strategic investment in Astar Network, with the specific amount not yet disclosed. The two parties will cooperate to promote on-chain deployment of intellectual property (IP) in Japan and Asia, including the integration of Anime ID (an identification service launched by Animoca's Moca Network), and will use Anime ID as the identity and reputation layer of Soneium.

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