Animoca Brands’ Yat Siu Reflects on Crypto’s Challenges in 2025
- Bitcoin is facing its fourth annual decline, with traders mispricing the impact of political factors like tariffs and rate cuts.
- Animoca Brands plans a reverse merger with Currency Group, aiming to provide a public market vehicle for altcoin exposure.
- In the last financial year, Animoca reported unaudited bookings of $314 million and has been EBITDA-positive for four consecutive years.
- Siu predicts that the upcoming Clarity Act and GENIUS Act will encourage companies to launch utility tokens tied to existing businesses.
- Memecoin liquidity has diminished significantly, with some tokens like Official Trump losing over 75% from their peak values.
Yat Siu emphasizes that the crypto sector must adapt to new regulations and focus on real use cases rather than speculation as it moves into a more structured environment in the coming years.
As capital shifts away from speculative investments, Siu believes that utility tokens will become prominent in the market, especially as legislation clarifies token classifications and structures. (Source)
