Cool Cats Group Secures Strategic Investment from Animoca Brands, Building on Gaming Partnership
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AUSTIN, TX, 5 October 2022 – Cool Cats Group LLC, the web3 company behind the iconic blue-chip NFT collection Cool Cats, announced today that it has received a strategic investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse. The partnership will drive Cool Cats' mission to become the largest global NFT brand and a robust media and content company, including through expansion of its gaming offerings.
This strategic partnership is the culmination of a longstanding relationship between Ken Cron, Executive Chairman of Cool Cats Group, and Yat Siu, Co-Founder and Executive Chairman of Animoca Brands. “Yat is one of web3’s foremost thought leaders and he has built one of the most important companies in the industry,” said Cron. “Working more closely with Animoca Brands will bring tremendous value to Cool Cats and its community. Our new CEO, Stephen Teglas, and the entire Cool Cats team, couldn’t be more excited to get started.”
On September 1, Cool Cats announced it was partnering with GAMEE, one of Animoca Brands’ subsidiaries that built a virtual casual gaming space connecting players, brands, and game creators. As part of the GAMEE partnership, Cool Cats holders have been able to access exclusive NFT claims, raffles, and community giveaways.
“Cool Cats is a leading example of metaverse native IP based on the principle of decentralized ownership,” said Siu. “Ken is one of the most experienced gaming and media executives in the world, and it has been my pleasure to have him as an Advisor to Animoca Brands’ Board of Directors for the past two years. Our belief in what the
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