00:00 Speaker A
Help us understand what the company’s about just in simple terms. Cuz was I when I was reading up on it, it sounded like it’s a tech company, but also a venture firm focused on blockchain and digital assets. Is that right?
00:11 Speaker B
Yeah, absolutely. Uh in a way, I mean, we’re a digital conglomerate. We have over 600 portfolio companies, making us one of the largest investors basically in the intersection of crypto and AI.
00:21 Speaker B
Um in fact, we actually started doing AI investments back in 2018 and 2019 and we basically also ventured into crypto back then. Uh we’re also basically venture builders. So we basically incubate companies and accelerate them.
00:35 Speaker B
But many people know us because, you know, we’re sort of big proponents of the metaverse. People know us about for Sandbox and Axie Infinity in the gaming side of things. But actually, we’re much more than that. And we are a global company with close to, you know, 6-700 staff around the world.
00:49 Speaker A
So investor and builder is the right way to think about it?
00:51 Speaker B
I think the way and it’s a conglomerate structure. In in Asia it’s quite common. If you look at Asian companies, they do a lot of things as supposed to maybe companies in the West who focus on one or two things, for instance. But in reality, I think a conglomerate conglomerate style is probably what all the major corporations on the world do. You know, if you look at Apple or Google or Facebook, they’re not one business. They’re actually many, many businesses. It might be wrapped looking like it’s one business, but in reality, you know, basically, um they’re they’re they’re sort of a multitude of companies and we’re the same.
