The crypto trends Animoca Brands is eyeing this year — Token2049
Animoca Brands is looking at trends in real-world tokenized assets, AI projects, and the gaming sector to invest in and develop, according to Omar Elassar, the company's managing director for the Middle East and the head...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Animoca Brands is looking at trends in real-world tokenized assets, AI projects, and the gaming sector to invest in and develop, according to Omar Elassar, the company's managing director for the Middle East and the head of Global Strategic Partnerships.
In an interview with Cointelegraph's Sam Bourgi at Token2049, Elassar said that stablecoins, real-world asset tokenization, the intersection between AI and crypto, alternative use cases such as decentralized science, and Web3 gaming were all niches the company is exploring.
Gaming is “part of our DNA,” the executive said before reflecting on the current state of the Web3 gaming industry:
“It's gone quiet for some time in terms of less PR, but there's been building in the background. Recently, there have been a few games that have come out that have been truly fun to play, which I think has been one of the main negative sentiments about Web3 gaming.”Animoca Brands is one of the foremost crypto-native venture capital firms in the space and can serve as a barometer of hot or emerging market trends for crypto investors.
Related: VC Roundup: Funding surge targets confidentiality, tokenization and Web3 infrastructure
Animoca Brands inks stablecoin, blockchain dealsIn February 2025, Animoca Brands, Standard Chartered Bank, and Hong Kong Telecommunications (HKT) signed a deal to develop a Hong Kong dollar stablecoin that will be overcollateralized and pegged to the Hong Kong dollar at a 1:1 ratio.
The stablecoin must first be approved by the Hong Kong Monetary Authority (HKMA) before it begins trading. Hong Kong's financial authorities are currently working on establishing comprehensive stablecoin regulations.
On March 27, Animoca Brands inked a deal with Soneium, a layer-1 blockchain network developed by Japanese tech company Sony, to develop a digital identification system that features pictures of anime characters that can be assigned to an onchain user to signify identity.
Animoca releases financial assets and token reserves for 2024 as part of its overall financial report for the company’s 2024 fiscal year. Source: Animoca BrandsAnimoca reported that it recorded 12% year-over-year growth during the 2024 fiscal year in "bookings" — a figure that accounts for the sum of all revenue plus revenue that has been booked but not yet received by the company.
Magazine: Crypto ‘more taboo than OnlyFans,’ says Violetta Zironi, who sold song for 1 BTC
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Apple Pay Crypto Hiring Fuels New Stablecoin Speculation
Apple posted a U.S.-based Apple Pay Financial Product Strategy Lead role, listing a base-pay range of $149,700 to $280,000 and lis...
Hong Kong Stock Exchange seeks to ease listing rules for corporate deals
Easing listing rules may boost Hong Kong's appeal as a financial hub, fostering more dynamic corporate activities and market compe...
USDT on TRON Becomes Most Used Onchain Payment Option on CoinsBee as Stablecoin Spending Grows
CoinsBee payment data shows USDT on TRON recorded nearly twice as many payments as Bitcoin over the past 90 days, while its share...
dtcpay Completes $25M Series A As SBI Group Joins Stablecoin Payments Push
TL;DR Singapore payments company dtcpay has completed a $25 million Series A. Vertex Ventures led the original round, with SBI Gro...
Russian Crypto Industry Could Be Operating Legally by Year-End: Central Bank
Bitcoin Magazine Russian Crypto Industry Could Be Operating Legally by Year-End: Central Bank Russia’s crypto industry may have al...
S&P Global Agrees To Acquire Smart Contract Security Firm OpenZeppelin
TL;DR S&P Global has agreed to acquire OpenZeppelin. OpenZeppelin is one of the best-known smart contract security and auditing fi...