The crypto market has shed more than $2 trillion of its value since November last year. As a safeguard against the market’s heightened volatility, a number of investors and traders opted to remain in the backseat.
However, the industry is being led by the founder of a Hong Kong-headquartered game software company and venture capital firm.
Yat Sui, the executive chairman of Animoca Brands, has revealed that the company is building a portfolio of 340 firms in the social media, gaming, and finance industries in order to grant consumers full control of their digital assets.
Crypto Powerhouse Founder Wants To Tear Down Monopolies
Moreover, Siu disclosed in an interview with Bloomberg that the objective is to break up “digital dictatorships” such as Meta Platforms and Microsoft.
“Currently, none of the information you provide to Facebook belongs to you. It is owned solely by Facebook. We believe in a shared network, digital property rights for all, and equity in the field for creators,”...
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