Siu’s strategy was informed by the digital currency crash of 2018, when he turned his small video game studio into a crypto investor. The goal, says Siu, is to give people ownership over their virtual properties and break up the empires of Meta Platforms and Microsoft, which he describes as “digital dictatorships”.Īnimoca’s Yat Siu says now is the time to deploy more capital. But Yat Siu, the head of Hong Kong-based Animoca Brands, is on the offensive.Īnimoca, Asia’s biggest investor in blockchain projects, is assembling a vast portfolio of finance, gaming and social media companies, more than 340 in all. The so-called crypto winter has wiped out $US2 trillion in digital currency market value since November, and many investors have gone into hibernation.
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