Markets.News
Animoca Brands is focused on investing in and developing trends related to real-world tokenized assets, AI projects, and the gaming sector. Omar Elissar, the managing director for the Middle East and head of Global Strategic Partnerships, highlighted the company's interest in stablecoins, real-world asset tokenization, AI-crypto intersection, decentralized science, and Web3 gaming. Animoca Brands, a key crypto venture capital firm, is considered a trend indicator for crypto investors. In February 2025, the company, along with Standard Chartered Bank and Hong Kong Telecommunications, signed a deal to develop an overcollateralized Hong Kong dollar stablecoin pegged at 1:1 ratio. They also partnered with Soneium for a digital identification system using anime characters. Animoca recorded 12% year-over-year growth in bookings during the 2024 fiscal year. The company's focus on emerging sectors positions it as a key player in the cryptocurrency market.