Web3 gaming powerhouse Animoca Brands is preparing to broaden its horizons in the coming year as it seeks to expand its portfolio of roughly 600 companies, according to chief strategy officer Keyvan Peymani.
“We invest in dozens of companies each year,” Peymani said in a Tuesday interview with CNBC. “Whether it’s AI, DePIN, DeFi, gaming, stablecoins, or other emerging sectors, our goal is to follow the expansion of the broader ecosystem we operate in.”
Gaming remains Animoca’s largest investment category, accounting for 230 of the 628 companies in its portfolio. Since its founding in 2014, the firm has heavily focused on gaming, backing projects such as Axie Infinity, CryptoKitties, Colossal, and Yield Guild Games.

Animoca Brands is steadily increasing its investments in infrastructure, artificial intelligence, and decentralized finance (DeFi).
“Whenever we see something innovative and exciting — whether it’s stablecoins or real-world assets — our goal is to become one of the leaders in that space,” Peymani said. He added that Animoca aims to position itself as a platform through which the broader retail market can benefit from developments across the Web3 ecosystem.
Animoca eyes “game-changing” projects
Peymani noted that the firm will continue seeking out projects it believes can transform the industry, emphasizing that stablecoins will be a key focus in the near term.
Animoca founder Yat Siu echoed this forward-looking view, telling Cointelegraph on Wednesday that institutional participation will be “very important” for the next phase of crypto growth — and that it will extend far beyond Bitcoin alone.
“The institutional push won’t just be about buying Bitcoin or gaining token exposure,” Siu said. “It will involve institutions adopting blockchain for utility, especially as the market structure bill takes shape.”
On Nov. 11, U.S. lawmakers released a draft crypto market structure bill outlining how regulatory agencies will divide oversight responsibilities. The Senate is expected to vote on it in December.
Still bullish on gaming
Despite pursuing new verticals, Peymani said gaming remains central to Animoca’s strategy.
“We remain very bullish on the future of Web3 gaming,” he said. “Players should be able to benefit from the time, energy, effort, and money they invest in games — and own assets that persist across the broader Web3 ecosystem.”
The third quarter of 2025 saw crypto venture funding surge 290% quarter-over-quarter, hitting $4.8 billion — the strongest quarter since Q1 — according to Galaxy Digital. The report noted that most capital flowed to well-established crypto firms, particularly those founded in 2018, while companies launched in 2024 made up the largest share of individual deals.
Animoca Brands also plans to go public on Nasdaq next year through a reverse merger with Currenc Group, an AI-focused publicly listed fintech firm.

