[MarketSentiment] NFT Market Continues to Attract Wealthy Collectors, Says Animoca Brands Co-Founder

NFTs remain popular among affluent collectors, according to Animoca Brands co-founder Yat Siu. During an interview at the CfC St. Moritz cryptocurrency conference, Siu emphasized the long-term value of NFTs as core assets. According to Foresight News, Siu affirmed that NFTs are still favored by wealthy collectors, drawing parallels to the resonance among Picasso collectors. Despite an 80% decline in his personal NFT portfolio, Siu noted that these assets were never intended for short-term gains.