Animoca Brands has announced that it has officially secured the licensing rights for Hockenheimring Baden-Württemberg (Hockenheimring), specifically for its REVV Motorsport ecosystem.

Animoca Brands raises of US$88,888,888 (approximately A$113,500,000) at a price per share of A$1.10 based on a valuation of US$1 billion (approximately A$1.28 billion).