Trump, tariffs and utility tokens: Animoca’s Yat Siu says crypto finally has to grow up

For Animoca Brands co‑founder Yat Siu, 2025 will b

Trump, tariffs and utility tokens: Animoca’s Yat Siu says crypto finally has to grow up

Trump, tariffs and utility tokens: Animoca’s Yat Siu says crypto finally has to grow up

For Animoca Brands co‑founder Yat Siu, 2025 will be remembered as “the Trump year,” not because US President Donald Trump saved crypto, but because the industry bet too heavily on him and mispriced everything from tariffs to rate cuts.

Bitcoin’s 2025 performance. Source:
Animoca Brands investment thesis. Source: