Animoca Brands: How a big bet on blockchain and NFTs minted Hong Kong’s latest unicorn

//Animoca Brands: How a big bet on blockchain and NFTs minted Hong Kong’s latest unicorn

Animoca Brands: How a big bet on blockchain and NFTs minted Hong Kong’s latest unicorn

When the Australian Stock Exchange (ASE) gave Animoca Brands, one of Hong Kong’s leading gaming companies, an ultimatum last March, co-founder and chairman Yat Siu faced a tough choice: give up on his vision of the future or face delisting.At that time, almost no one had heard of non-fungible tokens (NFTs), units of data stored on a blockchain that guarantees a digital asset to be unique. Siu was betting big on this new technology – used to represent and authenticate all things digital from…

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By | 2021-06-11T22:30:00+00:00 June 11th, 2021|Technology|Comments Off on Animoca Brands: How a big bet on blockchain and NFTs minted Hong Kong’s latest unicorn