Animoca Brands has completed the acquisition of digital collectibles and gaming company SOMO.

PANews, January 14—According to the official blog, Animoca Brands has completed the acquisition of digital collectibles and gaming company SOMO. SOMO owns products such as "SOMO Codex," "SOMO Duel," and its flagship game "SOMO Battleground." Its ecosystem is dedicated to transforming digital collectibles into playable, streamable, and tradable assets across games.

Yat Siu, co-founder and executive chairman of Animoca Brands, stated that SOMO is building a cultural operating system for collectibles, which complements the company’s existing investment portfolio. By integrating SOMO into its ecosystem, Animoca Brands plans to leverage its global gaming, community, and partner network to promote the SOMO brand across platforms and drive community growth.