Animoca Brands Listing in Hong Kong Before 2025 Is Being Promoted
The post Animoca Brands Listing in Hong Kong Before 2025 Is Being Promoted appeared on BitcoinEthereumNews.com.
Key Points: Animoca Brands is considering an IPO in Hong Kong or the Middle East as early as next year, with ongoing discussions with investment banks. Valued at $5.9 billion in 2022, the company is exploring a return to the public market after being delisted from the Australian Securities Exchange in 2020 due to accounting issues. Known for investments in NFTs and crypto gaming, Animoca Brands listing in Hong Kong will enhance its visibility and attract new investors in the expanding Web3 space. Animoca Brands, a leader in digital entertainment, blockchain, and gaming, is contemplating an initial public offering (IPO) as early as next year, with potential listings in Hong Kong or the Middle East. Read more: Animoca Brands Review: Top Metaverse And Gaming Specialized Investment Fund Animoca Brands Listing in Hong Kong Is Targeted Animoca Brands listing in Hong Kong was first reported by The Information. According to Animoca co-founder Yat Siu, the Web3 giant has initiated discussions with investment banks, although no consultants have been hired yet. Valued at $5.9 billion during its last fundraising round in 2022, Animoca Brands is considering a return to the public market after being delisted from the Australian Securities Exchange in 2020 due to accounting issues. With Animoca Brands listing in Hong Kong, the company is exploring crypto-friendly markets for its IPO, aiming to go public before 2025. Animoca Brands to Enhance Visibility in Crypto and Gaming Sectors Founded in 2014, Animoca Brands gained significant recognition in 2021 amid the GameFi and metaverse trends, bolstered by strategic investments in trending projects. The firm focuses on promoting digital asset ownership and contributing to the open world network, emphasizing the integration of blockchain technology in gaming and digital entertainment. Headquartered in Hong Kong, Animoca Brands has a global presence with offices in the United…
Filed under: News - @ June 26, 2024 8:18 pm