HK gaming giant Animoca halves Web3 fund target to $1b: Report

HK gaming giant Animoca halves Web3 fund target to $1b: Report

Animoca Brands co-founder and executive chairman Yat Siu

Hong Kong’s Animoca Brands, a gaming software firm and Web 3.0 investment powerhouse, has halved the target for its new fund eyeing mid- to late-stage metaverse firms to $1 billion, co-founder and Executive Chairman Yat Siu told Bloomberg in an interview.