Financial TimesFinancial Times

Can the pioneer of blockchain gaming survive the crypto winter?

By Jemima Kelly, Chan Ho-him, Kadhim Shubber, Cleve Jones

05 Feb 2023 · 10 min read

Editor's Note

Controversial technology entrepreneur Yat Siu has become the pre-eminent investor in blockchain-based gaming. But as the crypto winter bites, he faces serious questions from regulators.

Yat Siu is no stranger to controversy. Over the years, the serial technology entrepreneur has been kicked off the App Store, delisted from a stock exchange and has clashed with his auditors.

But Siu, through his Hong Kong-based Animoca Brands vehicle, has become the pre-eminent investor in the world of blockchain-based gaming, presented by its promoters as the next big thing in the global games industry.

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