• Animoca Manufacturers has acquired Somo, a digital collectibles and gaming studio identified for its 3D “collect-and-battle” cellular titles like Somo Battleground and Somo Codex.
  • The deal coincides with a pointy 20% rebound within the NFT market cap through the first two weeks of 2026, although complete valuations stay 59% decrease than the identical interval final 12 months.
  • Animoca plans to combine Somo’s playable, deflationary belongings into its international Web3 community to drive cross-platform development and group engagement throughout its associate ecosystem.

Animoca Manufacturers has acquired gaming and digital collectibles firm Somo, including Somo’s playable, tradable collectibles to its portfolio as NFT costs and exercise present early indicators of a rebound. Monetary phrases weren’t disclosed.

Animoca stated Wednesday it’ll combine Somo into its present ecosystem, utilizing shared infrastructure and associate relationships. Co-founder and government chairman Yat Siu stated Somo “enhances” Animoca’s collectibles and gaming holdings and shall be linked to Animoca’s community of video games, communities and companions.

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A Quick-Time period Increase For NFTs

The acquisition lands throughout a short-term raise within the NFT market. CoinGecko information reveals complete NFT market cap rose about 20% within 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.

A lot of that acquire got here in a single 24-hour transfer. CoinGecko information reveals the market cap rose from just below US$2.7 billion (AU$4.1 billion) to US$3 billion (AU$4.5 billion), a rise of about US$300 million (AU$459 million), alongside an 18.7% rise in 24-hour buying and selling quantity. 

A group member, MintKing X, tied the soar to higher-value gross sales in established collections and token airdrops, however it stays unclear whether or not demand will persist.

Regardless of the bounce, NFTs stay far beneath final 12 months’s ranges. CoinGecko information reveals 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.

There may be one particular NFT assortment that had a surge in ground value not too long ago, Clone-X NFTs. As Crypto Information Australia reported, Nike bought RTFKT, the NFT studio behind the gathering, prompting a lift in Clone-X costs after months of low buying and selling volumes.

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