Hong Kong-based blockchain gaming developer Animoca Brands is aiming to grow its portfolio of companies by more than 30% by the end of this year as it doubles down on investments in a crypto winter, its co-founder Yat Siu said.
While the reputation of the crypto industry has been sullied by a number of scandals over the past year, from the collapse of the FTX exchange to the bankruptcy of several crypto lenders and hedge funds, other areas of the market such as blockchain and trading of non-fungible tokens (NFTs) were seeing significant amounts of activity, he said.
