Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind.
The value of the global cryptocurrency ecosystem will grow exponentially in the coming years and has a potential to grow up to 200 times in a decade, according to a co-founder of Hong Kong-based game software company and venture capital firm Animoca Brands.
The cryptocurrency market — currently valued at around $2.7 trillion according to CoinGecko — is likely to double or triple soon, Yat Siu predicted in the latest episode of The Valr Podcast on May 28.
“In the near term — within 12 to 18 months — we can conceive of a doubling or tripling of the space,” Siu said, expressing confidence that the industry will continue hitting new milestones afterward. He stated:
