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Animoca Brands’ Strategy: Gaming, DeFi, and Altcoins for the Future
Animoca Brands founder Yat Siu is setting his sights on positioning the company as a gateway for investors to gain broader exposure to crypto projects and the altcoin market. The company plans to go public next year through a reverse merger with AI-focused fintech firm Currenc Group, aiming to bring its portfolio of crypto investments to the public arena.
Altcoins Over Bitcoin: Siu’s Market Perspective
In a recent interview with Cointelegraph, Siu emphasized his belief that altcoins collectively have the potential to outperform Bitcoin (BTC) in the long run. While Bitcoin is often compared to gold, Siu noted that, unlike gold’s market dominance, all public companies combined are roughly five to six times the size of gold. He stressed that these companies—and by analogy, altcoins—can fluctuate as a whole, offering dynamic opportunities across the crypto ecosystem.
“We don’t join crypto to simply hold Bitcoin; we see altcoins’ utility across Web3 games, gas fees, DeFi, and DePIN,” Siu said, highlighting the broader applicability of altcoins beyond Bitcoin.
Building the Crypto Equivalent of Early Internet Giants
Siu likened Animoca Brands’ investment strategy to the early 2000s tech boom, where investors could gain exposure to the largest and most interesting internet companies like Amazon, Google, eBay, and Alibaba. He suggested that the crypto market is unlikely to produce a single “winner-takes-all” altcoin, making a diversified approach critical.
Animoca’s portfolio reflects this vision. Out of 628 companies, 230 are gaming-related, while investments in infrastructure, artificial intelligence, and decentralized finance are growing steadily. Siu stressed that Animoca’s position allows the firm to access altcoins at lower levels than typical investors and that this advantage is passed on to shareholders.
Next Steps: Public Listing on Nasdaq
With its planned Nasdaq listing via reverse merger, Animoca Brands is aiming to bring its diversified crypto portfolio to a wider audience, offering investors a chance to tap into some of the potential future winners in gaming, DeFi, and other altcoin projects.
Siu’s approach positions Animoca as a bridge between traditional investors and the rapidly evolving altcoin ecosystem, echoing the opportunities of the early internet era.
