Trump, tariffs & utility tokens — Animoca’s Yat Siu says crypto must grow up
■ 2025 recap: “Trump year” saw BTC limping at $87,821, memecoin liquidity mispriced, and speculative hype dominating the market.
■ Trump trade fails: Tariffs, Fed fights, and political side quests hurt risk assets; crypto traders overestimated the impact of the president.
■ Animoca IPO plan: Reverse merger with Nasdaq-listed Currenc Group to create an altcoin proxy for public investors, giving exposure to the wider altcoin and Web3 ecosystem.
■ Tokenization focus: Siu expects Animoca to become fully tokenized, bridging traditional equity markets and on-chain ownership.
■ Regulatory clarity coming: Clarity Act & GENIUS Act will provide legal certainty, enabling established companies to launch compliant tokens.
■ Utility over speculation: Memecoin cycles burned retail traders; 2026 will focus on real-world use cases for gamers, creators, and brands.
■ Key quote: “2026 will be the year of the utility token because everyone will launch a token that has a use case.”
Summary: As crypto matures, regulatory clarity and real utility will drive the next wave, moving the market beyond hype and speculative tokens.
#UtilityTokens #CryptoGrowth