Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does

As the West is increasingly polarized between “capitalism and anti-capitalism,” Animoca Brands cofounder Yat Siu thinks Asia can lead the way in pioneering the next wave of AI and cryptocurrency innovations.

“Based on my experiences in crypto communities in Europe and the U.S., people are creating a gap between crypto and AI and saying that they shouldn’t be related,” Siu told Fortune on the sidelines of the SuperAI summit in Singapore. “In Asia, we don’t have this problem since we’re much more comfortable with money.”

Siu cofounded Animoca Brands in 2014. It originally focused on developing free-to-play mobile games before shifting to blockchain gaming and NFTs in 2018. The firm is also a frequent investor in the Web3 space, backing more than 600 AI and blockchain companies including China-based........

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