According to The Block, Arnoldo Concepcion, co-chief operating officer of Animoca Brands, will leave at the end of the year to take up the post of CEO of Web3 wallet Gryfyn. Gryfyn is a joint venture between Animoca Brands and Hex Trust to provide custodial crypto wallets. In March of this year, Gryfyn, an encrypted custody wallet, completed a $7.8 million financing, with Liberty City Ventures, GameFi Ventures, Lavender Hill Capital Partners, Mind Fund, Animoca Ventures, LeadBlock Partners, Angel Hub, Brinc and angel investor Gabby Dizon participating.