Animoca Brands Sees Revenue Growth While Cutting Costs with AI

Animoca Brands saw a 12% rise in 2024 bookings, reaching $314 million, with its Digital Asset Advisory (DAA) division driving much of the growth.

DAA revenue more than doubled to $165 million, while investments and incubated projects added $149 million combined.

Co-founder Yat Siu credited the expansion to innovation, particularly in advisory services, real-world assets (RWA), and a stablecoin project with Standard Chartered and Hong Kong Telecommunications.

He expects further gains in 2025, despite geopolitical and economic uncertainties.

The company also cut operating costs by 12% to $217 million, thanks to AI-driven efficiency measures.

Shifting focus away from the U.S. due to regulatory challenges, Animoca is prioritizing portfolio support and leveraging AI for investment decisions, game development, and automation.