Monolith Venture Advisory

Yat Siu is the controlling figure behind the firm as its co-founder and the architect of the Monolith strategy. He brings governance continuity from his role as co-founder and executive chairman of Animoca Brands, where he oversaw more than 400 Web3 investments. The firm has disclosed a fund management structure but has not made public the full composition of its investment committee or named other general partners.

The firm sources primarily through the Animoca Brands portfolio network, which includes over 400 blockchain-focused companies such as The Sandbox, Axie Infinity developer Sky Mavis, and Dapper Labs. This network provides early visibility into developer teams building on-chain gaming, identity, and infrastructure products. The firm also leverages Siu's position in the Hong Kong Monetary Authority's advisory groups and his presence at major industry token launches.

Monolith operates as a formal venture fund manager, not a family office. It manages Monolith Fund I, a closed-end $100 million blind pool with external third-party limited partners. The legal separation from Animoca Brands is deliberate: publicly listed holding companies and closed-end funds have different fiduciary duties, and Monolith's structure is designed to satisfy institutional LP requirements around fee transparency and conflict policy.

Monolith's primary mandate is direct equity and token investments, not fund-of-funds commitments. The firm's stated strategy targets operating companies and protocol-layer networks, with a preference for board-observer or advisory roles where the team directly contributes to tokenomics design and go-to-market strategy rather than delegating selection to underlying GPs.

The firm targets seed and Series A rounds, positioning itself as a first institutional check in emerging Web3 verticals. This stage focus mirrors the strategy Animoca Brands executed on its balance sheet: capturing developer teams before major network effects kick in. The $100 million fund size implies an average check size in the $500,000 to $3 million range, depending on co-investor participation.

Monolith has disclosed three core verticals: Web3 gaming and metaverse platforms, decentralized AI infrastructure, and enterprise blockchain tooling. Within gaming, the emphasis is on studios that own their economic layer; in AI, on data provenance and decentralized compute protocols. The firm has not tagged climate tech, biotech, or traditional SaaS as within mandate.

Monolith Venture Advisory is an independent investment advisor and fund manager launched by Animoca Brands co-founder Yat Siu in 2025. While it maintains a strategic co-investment relationship with Animoca — often joining Animoca-led rounds as a co-investor — it has a separate fiduciary duty to its own limited partners and is legally walled from the public company. The split allows Monolith to pursue pure venture returns without the reporting constraints of a publicly traded parent.