Animoca Associates: the Cryptocurrency Industry is Entering the Age of Institutions

In a new interview, Yat Siu, co-founder and executive chairman of Animoca Brands, said on Sept. 15 that the key difference in how tokens perform is whether they are institutionally backed or not, and that projects that are institutionally backed tend to perform more consistently, starting with the Bitcoin ETFs, and that the cryptocurrency industry is now moving into the era of the institutions, and that you need to be institutionalized to stand out, according to Beincrypto. Institutional backing. While traditional stock markets are dominated by institutional investors, token markets are dominated by retail investors. In the institutional investor market, one needs to research hard to understand what the project is all about, as well as have strong purchasing power and long-term planning.

Additionally, Yat Siu spoke about the recent explosion of Black Myth: Goku, saying that he is proud that Black Myth: Goku has become a global hit, which is an interesting moment, and that Black Myth: Goku is so popular thanks to early Asian game companies and the Asian-led cultural boom.