{"id":5659,"date":"2026-01-15T11:10:34","date_gmt":"2026-01-15T11:10:34","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5659"},"modified":"2026-01-15T11:10:34","modified_gmt":"2026-01-15T11:10:34","slug":"animoca-brands-acquires-somo-as-nft-market-rebounds-in-early-2026","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5659","title":{"rendered":"Animoca Brands Acquires Somo as NFT Market Rebounds in Early 2026"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_2a6cbdcf9852f7dc781020f763e6f954\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Animoca Brands has acquired Somo, a digital collectibles and gaming studio known for its 3D \u201ccollect-and-battle\u201d mobile titles like Somo Battleground and Somo Codex.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The deal coincides with a sharp 20% rebound in the NFT market cap during the first two weeks of 2026, though total valuations remain 59% lower than the same period last year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Animoca plans to integrate Somo\u2019s playable, deflationary assets into its global Web3 network to drive cross-platform growth and community engagement across its partner ecosystem.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Animoca Brands has acquired gaming and digital collectibles company Somo, adding Somo\u2019s playable, tradable collectibles to its portfolio as NFT prices and activity show early signs of a rebound. Financial terms were not disclosed.<\/p>\n<p>Animoca said Wednesday it will integrate Somo into its existing ecosystem, using shared infrastructure and partner relationships. Co-founder and executive chairman Yat Siu said Somo \u201ccomplements\u201d Animoca\u2019s collectibles and gaming holdings and will be connected to Animoca\u2019s network of games, communities and partners.<\/p>\n<p><strong>Related<\/strong>: Franklin Templeton Expands Institutional Cash Funds Into Tokenised Markets<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-a-short-term-boost-for-nfts\">A Short-Term Boost For NFTs<\/h2>\n<p>The acquisition lands during a short-term lift in the NFT market. CoinGecko data shows total NFT market cap rose about 20% in the first two weeks of 2026, climbing from roughly US$2.5 billion (AU$3.8 billion) on Jan. 1 to over US$3 billion (AU$4.59 billion) by Wednesday.<\/p>\n<p>Much of that gain came in a single 24-hour move. CoinGecko data shows the market cap rose from just under US$2.7 billion (AU$4.1 billion) to US$3 billion (AU$4.5 billion), an increase of about US$300 million (AU$459 million), alongside an 18.7% rise in 24-hour trading volume.\u00a0<\/p>\n<p>A community member, MintKing X, tied the jump to higher-value sales in established collections and token airdrops, but it remains unclear whether demand will persist.<\/p>\n<p>Despite the bounce, NFTs remain far below last year\u2019s levels. CoinGecko data shows the market cap was about US$7.3 billion (AU$11.1 billion) on Jan. 14, 2025, leaving the sector down about 59% year-on-year.<\/p>\n<p>There is one specific NFT collection that had a surge in floor price recently, Clone-X NFTs. As Crypto News Australia reported, Nike sold RTFKT, the NFT studio behind the collection, prompting a boost in Clone-X prices after months of low trading volumes.<\/p>\n<p><strong>Related:<\/strong> Strategy Makes Its Biggest Bitcoin Bet Yet With $1.25B Weekly Buy<\/p>\n<\/p><\/div>\n<p>Animoca Brands,NFTs#Animoca #Brands #Acquires #Somo #NFT #Market #Rebounds #Early1768475434<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Animoca Brands has acquired Somo, a digital collectibles and gaming studio known for its 3D \u201ccollect-and-battle\u201d mobile titles like Somo Battleground and Somo Codex. The deal coincides with a sharp 20% rebound in the NFT market cap during the first two weeks of 2026, though total valuations remain 59% lower than the same period last<\/p>\n","protected":false},"author":1,"featured_media":5660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1292,1290,1291,122,43,1294,1295,1293],"class_list":{"0":"post-5659","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-acquires","9":"tag-animoca","10":"tag-brands","11":"tag-early","12":"tag-market","13":"tag-nft","14":"tag-rebounds","15":"tag-somo"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Animoca Brands Acquires Somo as NFT Market Rebounds in Early 2026 - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5659\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Animoca Brands Acquires Somo as NFT Market Rebounds in Early 2026\" \/>\n<meta property=\"og:description\" content=\"Animoca Brands has acquired Somo, a digital collectibles and gaming studio known for its 3D \u201ccollect-and-battle\u201d mobile titles like Somo Battleground and Somo Codex. 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