We launch in APAC
The emergence and popularity of sports leagues in the Asia-Pacific region, coupled with the rapid development of digital infrastructure and payments, has led to the rise of fantasy sports as a means for sports enthusiasts to connect with their favourite games directly and test their skills and knowledge.
The Asia-Pacific Fantasy Sports Market is expected to register a CAGR of 18.32% over the forecast period from 2021 to 2026. Fantopy is in an excellent position to take advantage of this growth and capture greater market share.
The growth can be primarily attributed to the increasing youth population, local leagues that are much better organised and more professional, availability of affordable smartphones, the rising popularity of players in various sports, increasing investment in internet infrastructure and the proliferation of fantasy sports applications.
Fantopy will announce fantasy games for the popular local football leagues in Thailand, Indonesia, Vietnam and Malaysia. In the next step we can target other regions and other sports.
Apart from the high interest in football, the region has also been buzzing with active participation from crypto startups and traditional financial institutions alike. Central and Southern Asia alone saw crypto transactions grow 706% year-over-year, making it the world’s third-fastest growing region in terms of crypto use. Increased funding will drive more innovation and crypto adoption in a virtuous cycle of value creation across Asia. We aim to be a part of that.
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