Animoca Plans NY Listing Amid Pro-Crypto Shift

By: bitcoin ethereum news|2025/05/14 03:15:04
0
Share
copy
Animoca is planning a U.S. IPO amid Trump’s crypto-friendly policies. Bitcoin and market sentiment have surged since the policy shift. Animoca holds equity in 540+ blockchain and gaming firms. Animoca Brands, a Hong Kong-based digital assets investor known for its major role in blockchain gaming and NFTs, is preparing for a U.S. IPO. This move coincides with the new crypto-friendly atmosphere in Washington created by Donald Trump’s resurrection. Yat Siu, the executive chairman of the company, further stressed the time factor: “It is a unique moment in time. It would be such a waste if we didn’t at least try to seize it.” In an interview with the media house, Siu revealed that Animoca is actively evaluating shareholding structures for a New York listing. He noted that the decision to go public isn’t driven by current market trends but rather by long-term strategic positioning. “It’s the biggest market, so we should go there, right?” he said. A Shift in U.S. Crypto Policy Drives Opportunity The IPO strategy follows a dramatic change in U.S. crypto policy. Regulatory crackdowns under the Biden administration raised concerns throughout the industry. Trump’s presidency, however, has already begun to indicate that it will be more relaxed and accommodating of digital asset innovation. Bitcoin has risen more than 50% since Trump’s re-election, recently breaking $102,000, as investor confidence continues to grow. Siu suggested that stricter regulations during the Biden era allowed overseas firms like Animoca to thrive. “If the US didn’t do what they did with the regulators, we probably would have competitors in the US,” he said. Animoca was previously listed on the Australian Securities Exchange but was delisted in 2020 due to governance concerns and crypto-related legal ambiguity. Since then, it has transformed into a powerhouse investor, holding equity in over 540 blockchain-focused companies, including OpenSea, Kraken, and Consensys. The firm reported $314 million in unaudited revenue for 2023, with an EBITDA of $97 million. Its asset portfolio includes $300 million in cash and stablecoins, and $538 million in digital assets. Siu said, “We think we’re the biggest non-financial services crypto firm.” As the gaming world anticipates titles like GTA VI and a new console cycle, Animoca expects synergies between gaming and blockchain to accelerate, further fueling its IPO ambitions. Highlighted Crypto News Today: ‌India Tightens Crypto Monitoring in Border and Sensitive Regions Source: https://thenewscrypto.com/animoca-plans-ny-listing-amid-pro-crypto-shift/

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

Read more