Yat Siu, co-founder of Animoca Brands, was interviewed during the Korea Blockchain Week. During the discussion, he mentioned a key trend in the cryptocurrency market – the need for institutional support. In contrast to traditional financial markets, where over 80% of investments in the US stock market come from institutional investors, Siu pointed out that projects with strong institutional backing are more likely to gain trust. Yat Siu further explained that with the rise of institutional-level tokens, this will have a significant impact on the altcoin market, signaling the future direction of the cryptocurrency industry. Additionally, when asked about the controversy between TON CEO Pavel Durov and France, Siu remained optimistic, stating that the ecosystem continues to move forward, and regardless of what Durov faces, innovation and development in the cryptocurrency sector will continue.