Animoca Brands to Grow Web3 Industry in MENA Region

• Animoca Brands has signed an MoU with Manga Productions.
• The Web3 venture capitalist firm will collaborate with the company to initiate regional projects.

Animoca Brands, a Web3 venture capital firm, is set on expanding to the MENA region. The company has announced signing a memorandum of understanding (MoU) with Manga Productions, a leading games production company in the Middle East.

The two companies will collaborate on various initiatives, such as propelling Web3 projects in the MENA region, promoting Manga Productions’ Web3 ecosystem, and more.

The region is burgeoning with Web3 projects. Countries like the United Arab Emirates and Saudi Arabia are competing to serve as the crypto hub of...

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