Who is Animoca founder Yat Sui?

Yat Sui, who leads Hong Kong-based Animoca Brands — which backs a number of major crypto projects and owns The Sandbox — told Bloomberg in a report published Wednesday that his company has invested in more than 340 firms spanning finance, gaming, and blockchain.

Who owns Animoca Brands?

Cofounded by Siu, Animoca Brands was created and spun off from Animoca—a game-focused outlet incubated at digital communications company Outblaze, which was also founded by Siu—in 2014 to focus on its burgeoning mobile gaming business.

Is Animoca Brands betting on Web 3?

With the network effect of Web 3.0, Animoca Brands cofounder and executive chairman Yat Siu isn't betting against his competitors. He's counting on them. Animoca Brands has raised nearly $360 million in a new funding round that values the Hong Kong-based blockchain gaming business at $5.4 billion, the company announced Tuesday.