Animoca Brands said in its annual report for fiscal year 2023 that its joint venture with Standard Chartered and HKT has become a licensed stablecoin issuer in Hong Kong. The company also highlighted several business moves made during 2023, including the launch of decentralized education platform Open Campus and digital identity efforts through Moca Network.
The report said the broader crypto industry remained under pressure in 2023 following the collapse of FTX, yet Animoca Brands still set up a digital asset trading team and expanded its real-world asset, or RWA, business.
Animoca Brands added that its work in stablecoins and digital identity aligns with what it described as the trend toward an "agentic internet," which it said lays the groundwork for a future led by AI agents. The disclosure was cited by Techub News in a brief report published on July 17, 2026.
Animoca Brands has released its annual report for fiscal year 2023, saying its joint venture with Standard Chartered and HKT has become a licensed stablecoin issuer in Hong Kong.
Key developments disclosed for 2023
The company said it launched decentralized education platform Open Campus in 2023 and expanded into digital identity through Moca Network.
What the report said about market conditions
According to the report, the crypto industry was under pressure in 2023 after the collapse of FTX. Even so, Animoca Brands said it built a digital asset trading team and expanded its RWA business during the year.
How the company framed its positioning
Animoca Brands said its presence in stablecoins and digital identity fits the trend it called the "agentic internet," which it said sets the foundation for a future led by AI agents.
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