# NEOM Announces $50M Investment in Animoca Brands for Digital Expansion

Saudi Arabian entity NEOM has unveiled its plan to make a substantial investment of US$50 million in Animoca Brands, a major player in the field of digital property rights for the open metaverse. The strategic move, endorsed by the Saudi Sovereign Wealth Fund, is part of Crown Prince Salman Jr.’s ex

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| Published | 30 October 2023 |

Source: https://egamers.io/neom-announces-50m-investment-in-animoca-brands-for-digital-expansion/