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Oct 6, 2022

Animoca Charts Path from Gaming Studio to Crypto VC

Victoria Vergolina, Bloomberg News

Yat Siu, co-founder of Animoca, during an interview in Hong Kong, China, on Wednesday, July 13, 2022. Animoca, Asia's biggest investor in blockchain projects, is assembling a vast portfolio of finance, gaming, and social media companies, more than 340 in all.

Yat Siu, co-founder of Animoca, during an interview in Hong Kong, China, on Wednesday, July 13, 2022. Animoca, Asia's biggest investor in blockchain projects, is assembling a vast portfolio of finance, gaming, and social media companies, more than 340 in all. , Bloomberg

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(Bloomberg) -- How do you go from video game studio to major crypto VC firm in the space of a few short years? That’s exactly the path that Animoca Brands has been on. Since its founding in 2014, Animoca has expanded well beyond making games to owning and operating a portfolio of investments and acquisitions that includes more than 300 finance, gaming and social media companies.

Yat Siu, Animoca’s co-founder, has become one of the most influential people in the space.

Bloomberg reporter Zheping Huang joins this episode to chart the path of Animoca and its founder from indie game studio to crypto conglomerate.

Follow us on Twitter @crypto, and subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

©2022 Bloomberg L.P.