Animoca Brands announced acquisition of SOMO, the studio behind monster-collecting games like SOMO Codex and Battleground, adding it to their portfolio of over 540 web3 projects. SOMO raised $20 million in 2024 presales with promises of blockchain pets for battling and trading, but faced backlash over stalled progress, no token launch, and sparse updates from holders demanding accountability.

Animoca Brands announced on January 14, 2026 that it had completed the acquisition of SOMO, a digital collectibles and gaming company best known for titles including SOMO Codex, SOMO Duel, and SOMO Battleground. Animoca said SOMO would remain operating under its own brand while gaining access to Animoca’s broader Web3 network, with the goal of cross-promotion, community growth, and scaling SOMO’s collectibles-and-gaming ecosystem. The acquisition matters because it adds SOMO to Animoca’s already large portfolio of blockchain and digital-property projects, reinforcing Animoca’s strategy of consolidating Web3 gaming and collectibles brands under one ecosystem. It also comes against a contentious backdrop: the SOMO project had previously drawn criticism from holders over stalled progress, limited updates, and the absence of a token launch after reportedly raising $20 million in 2024 presales, so the Animoca deal is being viewed in part as a potential reset for the project’s development and community relations.

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