Cryptocurrency

Animoca Brands founder Yat Siu says AI will use crypto for transactions

'In the future, 70-80% of transactions will happen through autonomous AI agents and the decentralised nature of crypto makes it a perfect match'

Siu believes that the adoption of Web3 will rely heavily on AI
Siu believes that the adoption of Web3 will rely heavily on AI Photo: Bloomberg via Getty Images

Animoca Brands founder Yat Siu says crypto and artificial intelligence are interrelated.

“If we think about AIs transacting with each other as autonomous beings in the future, what currency they will transact in, it has to be crypto,” Siu told Financial News. “In the future, 70-80% of transactions will happen through autonomous AI agents and the decentralised nature of crypto makes it a perfect match,” he added.

WSJ Logo