Yat Siu's Animoca Brands Unveils $10mn Fund for AI Agent Developers

Animoca Brands, the Hong Kong-based digital asset investment firm co-founded by Yat Siu, said it's boosting funding for early-stage ventures using its Minds platform, a system designed to support persistent AI agents.

The $10mn funding initiative will focus on projects across sectors such as gaming, finance and productivity, with funding awarded on a rolling basis, the company said in a 5 May statement.

Animoca Brands' latest programme comes as interest grows in so-called agentic systems, where autonomous software performs tasks, makes decisions and interacts with digital services on behalf of users. Industry participants view this model as a potential shift in how online services are structured and monetized.

"We are entering a new era in which agentic AI will fundamentally reshape how we interact with technology, value, and each other," Yat Siu, a gaming software engineer-turned investor, said in the statement. "Just as blockchain redfined digital ownership, agentic AI will redefine autonomy, unlocking new forms of creativity, coordination, and economic participation. This convergence represents one of the most significant shifts of our time, and it is critical that we build and invest in this future now in a way that is able to benefit everyone." Siu is also the company's executive chairman.

Developers selected by Animoca Brands will receive capital alongside technical support, platform credits and access to its broader network of portfolio companies. The company said this ecosystem could provide routes to partnership and distribution for new products.

Minds enables users to deploy continuously operating AI agents without managing infrastructure, with features such as retained context and agent coordination. The company said the platform is intended to simplify development and expand access to AI tools as adoption of autonomous systems increases. It acknowledged that the rise of the agentic web poses both "opportunities and disruptions" for society, without expanding further in the statement.