Animoca Brands adjusts management: co-founder Yat Siu to become CEO on December 1.

Animoca Brands said co-founder and executive chairman Yat Siu will become chief executive on Dec. 1, 2026, taking charge of daily operations, project development and strategy execution, while group president Evan Auyang, in the role since 2021, moves to senior advisor to the board. The Hong Kong-based Web3 investor and gaming group said it will focus on three businesses: its personal AI agent platform Minds, institutional operations spanning digital currencies and investment products, and the Moca Network and AIR identity infrastructure, which provide authentication, credential and authorization tools so AI agents can transact on users' behalf. The reshuffle matters because it concentrates operating control in Siu, the company's public face and a prominent backer of tokens including Sandbox's SAND, as Animoca pivots from gaming and token holdings toward AI agents and institutional services. What to watch next is whether the new structure accelerates user and revenue traction for Minds and Moca Network, and whether Auyang's advisory role preserves Animoca's institutional relationships.