Animoca Co-Founder: The Crypto Industry is Entering the Institutional Age
On September 15th, Beincrypto reported that Yat Siu, co-founder and executive chairman of Animoca Brands, said in a recent interview that the key differentiator in token performance lies in institutional support. Projects with institutional backing tend to perform more stably. Starting with Bitcoin ETFs, the cryptocurrency industry is entering the institutional era. To stand out, institutional support is essential. Traditional stock markets are dominated by institutional investors, while token markets are primarily driven by retail investors. In the institutional investor market, it's crucial to conduct thorough research to understand the project and have strong buying power and long-term planning.
Furthermore, Yat Siu also commented on the recent hype surrounding "Black Myth: Wukong." He expressed pride that the game has become a global hit, calling it an exciting moment. The popularity of "Black Myth: Wukong" is attributed to the early success of Asian gaming companies and the flourishing of Asian-dominated culture.