Animoca Brands’ Yat Siu has flagged he sees the sell-off in the crypto industry as a great buying opportunity. But how one of the largest investors in the sector plans to take advantage of that may have a slight twist.
The unlisted digital entertainment group, which has stakes in more than 380 digital finance, gaming and social media companies, is exploring raising up to $US1 billion in a separate investment fund.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
