Derived from Coinomedia, Animoca Brands co-founder Yat Siu has expressed confidence that altcoins will outperform Bitcoin, citing their real-world use cases in gaming, NFTs, and the metaverse. As the company prepares for an IPO, Siu aims to provide traditional investors with exposure to a broader range of crypto assets beyond Bitcoin. Animoca has significant stakes in altcoin projects like The Sandbox (SAND), emphasizing the potential of decentralized ecosystems to drive Web3 adoption.
Yat Siu Backs Altcoins Over Bitcoin Ahead of Animoca Brands' IPO
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