In a recent interview, Yat Siu, Co-founder and Executive Chairman of Animoca Brands, stated that while some cryptocurrencies have performed poorly, others like Bitcoin, Ethereum, Solana, and TON have done well. He attributed this disparity to institutional support, highlighting that projects with such backing tend to be more stable. Siu believes that the crypto industry is entering an institutional era, starting with the Bitcoin ETF, where institutional support is crucial for success.

He explained that traditional stock markets are dominated by institutional investors, while the token market is primarily driven by retail investors. Institutional investors conduct thorough research on projects due to their significant buying power and long-term planning.

Siu also discussed the recent success of the game "Black Myth: Wukong," expressing pride that it has become a global hit. He highlighted that this success is a testament to the influence of early Asian game companies and the thriving Asian-led cultural landscape.