Animoca's Chairman Yat Siu says "altcoins are going to be collectively larger than Bitcoin"
7d ago•
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Pretty interesting interview although one might disagree with some takes. Animoca Brands is a Hong Kong company that has invested in Kraken, OpenSea, Solana, Ledger and over 600 businesses in crypto and will likely IPO in 2026.
They have a lot of cash and tokens on their balance sheet.
The founder Yat Siu is making it an "index" to bet on diversification in crypto, bringing optionality like in the 2000s when a portfolio with Amazon and a lot of trash would still be very succesful. Still a bold bet when altcoin season might never come again...
If someone has the list of all the companies in its portfolio, I'd gladly take it. Not sure their website has disclosed everything.
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7d ago•
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