Animoca Brands is set to expand its focus into sectors beyond gaming, investing in areas like AI and stablecoins, according to their Chief Strategy Officer, Keyvan Peymani.

“We invest in dozens of companies a year,” Peymani stated during a CNBC interview on Tuesday. “The aim for that, whether it is AI or DePIN or DeFi or games, or any of the kind of new sectors and stablecoins and opportunities that are coming in, is to always look at how the ecosystem we are part of is expanding.”

Gaming continues to dominate Animoca’s portfolio with around 230 out of the 628 investment companies centered on gaming, focusing heavily on projects such as Axie Infinity and CryptoKitties.

Peymani stressed that even with the entry into various sectors, gaming remains a key priority.

“We’re still very bullish on what’s going to happen in games and how players can benefit from their time and investment in those games to possess an asset that persists in the Web3 ecosystem,” he mentioned.

The company sees institutional involvement as crucial for the growth of the crypto industry, emphasizing that participation will extend beyond Bitcoin alone.

Animoca Brands is also preparing to go public on the Nasdaq next year through a reverse merger with AI-focused Currenc Group.