GameSquare Holdings, Inc. (NASDAQ: GAME) has partnered with the Animecoin Foundation, a non-profit organization driving the Animecoin ecosystem. This strategic alliance aims to strengthen GameSquare’s foothold in the dynamic Web3 sector by acquiring valuable digital assets and securing a position in a rapidly expanding global market. 🤝
The collaboration includes a $2.5 million purchase of Animecoin on the open market, facilitated by GameSquare and its partner Azuki, an anime company based in Los Angeles that operates Anime.com and creates original IP. This acquisition will bolster GameSquare’s cryptocurrency reserves with a culturally resonant digital asset poised for significant growth.
Through this one-year agreement, GameSquare will act as the official agent for the Animecoin Foundation, receiving $2.5 million worth of Animecoin in exchange for providing creative and agency services. GameSquare aims to amplify the foundation’s reach within the global gaming community, solidifying its position as a leader in this space.