TOKYO/HONG KONG -- Hong Kong-based blockchain gaming group Animoca Brands plans to launch a fund of up to $2 billion to invest in metaverse businesses, according to company co-founder and Executive Chairman Yat Siu.
Interview
Blockchain group Animoca to form metaverse fund
Co-founder says up to $2bn vehicle focuses on mid- to late-stage startups
Animoca Brands co-founder Yat Siu describes the planned fund as "a good entry point" for Web3 businesses. (Photo by Kentaro Iwamoto)
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