Animoca Brands Secures Majority Stake in Cool Cats Group

Tech

Animoca Brands Secures Majority Stake in Cool Cats Group

• Animoca Brands and Coin Operated Group acquire majority stake in Cool Cats.
• Yat Siu and Kenneth Shek join Cool Cats board after investment.
• Surge in Cool Cats NFT volumes following the strategic investment news.

Animoca Brands and Coin Operated Group have officially acquired a majority stake in Cool Cats Group on August 8, 2025, aiming to advance NFT innovation and community engagement.

This investment could position Cool Cats for enhanced market opportunities, propelling NFT volumes and solidifying Animocas influence within the rapidly evolving blockchain space.

Cool Cats Gains Yat Siu and Kenneth Shek on Board

Animoca Brands and Coin Operated Group have acquired a majority stake in Cool Cats Group, a leading NFT brand, aiming to enhance community engagement, innovation, and market opportunities. This strategic investment includes the appointment of new board members, Yat Siu and Kenneth Shek, to spearhead development efforts.

Leadership changes are expected to fuel Cool Cats‘ growth by integrating Animoca Brands’ extensive network and expertise in the NFT and gaming sectors. These developments may lead to increased market presence and enhanced community involvement for the Cool Cats brand.

Yat is one of web3‘s foremost thought leaders and he has built one of the most important companies in the industry. 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. — Ken Cron, Executive Chairman, Cool Cats Group

Animocas Acquisition Elevates Cool Cats to 19th in NFT Trading

Did you know？ The acquisition of Cool Cats by Animoca Brands and Coin Operated Group has led to Cool Cats ranking 19th in all-time NFT trading volume, showing substantial market influence.

As reported by CoinMarketCap, Ethereum (ETH), the primary blockchain for Cool Cats NFT issuance, is at a current price of $3,901.87 with a market cap of $470.99 billion. Over the past 90 days, its value has escalated by 61.99%, reflecting positive market sentiment. CoinMarketCap

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 12:37 UTC on August 8, 2025.

Insights from Coincu research suggest potential positive financial impact on Cool Cats due to Animocas strategic network and partnerships. Historical trends indicate increased engagement and innovation within NFT markets following investments in leading brands, further strengthening their market position.