Yat Siu, Chairman of Animoca Brands, forecasts substantial growth in Web3 and the metaverse by 2025, emphasizing a shift towards decentralized digital ownership. Speaking in Hong Kong, Siu highlighted the city's pivotal role in advancing Web3 development and the significance of community-driven digital ecosystems. Animoca Brands is collaborating with Sony and DigitalX to enhance its presence in gaming and NFTs, targeting over $300 million in annual bookings. This strategic expansion aims to attract institutional capital, with interest from major entities like BlackRock. The anticipated recovery from the 2022–2023 crypto winter and advancements in infrastructure are expected to fuel growth, particularly in NFTs and Layer 1/2 tokens.