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.
A sharp divide is emerging between global banking authorities and crypto industry leaders over the future of digital finance.
Anthony Pompliano has voiced strong opposition to Donald Trump’s recent push to remove Federal Reserve Chair Jerome Powell, warning that such a move could damage the credibility of the U.S. financial system.
As Washington pulls back on its crypto enforcement, Oregon is stepping up.
In a move that underscores its ambition to bridge crypto and traditional finance, Ripple is expanding the role of its newly acquired prime brokerage platform, Hidden Road.