Animoca Brands co-founder and Executive Chairman Yat Siu will become CEO on Dec. 1, giving him responsibility for daily operations as the digital asset company expands its AI agent and institutional finance businesses.
Animoca announced the change Nov. 9. Siu will remain executive chairman and oversee project development, while directors continue to set the company’s strategy and supervise governance. Siu said he would take a “more hands-on approach” to management.
Group President Evan Auyang, who has held that post since 2021, will become a senior adviser. He will advise directors at their request and work on institutional business assignments they approve.
Minds by Animoca Brands (Minds) is the company’s personal AI agent platform. In a Sept. 8 investor update, Animoca said Minds processed 936 billion tokens in July 2026 and supported more than 320 external applications. The update also reported $173 million in unaudited bookings for the 12 months ended Dec. 31, 2025. Animoca defines bookings as recognized revenue plus deferred revenue, a measure that does not follow International Financial Reporting Standards.
The company’s plans also include an institutional business offering digital money and investment products. It is developing Moca Network and AIR to provide identity, credentials and permission controls for agents. Siu argues that agents could make blockchain services easier to use, while blockchain could give agents ways to hold assets and make payments.
In a shareholder letter, Siu argued that people should share in the value their agents generate. He warned that reliance on agents controlled by large platforms could leave users subject to fees or changes in access. In an Oct. 14 Cointelegraph podcast interview, he described how users could guide agents by supplying more context, as EconoTimes previously reported on AI-driven crypto trading.
Animoca Brands and Currenc Group mutually suspended discussions on a proposed reverse merger Sept. 22, citing the expected time needed to complete the deal and market conditions. Siu has set 2027 as the target for clearing a backlog of historical audited accounts, which he says would support a possible public relisting.
