The post Animoca Brands aims at the stock market in 2025 appeared on BitcoinEthereumNews.com.

Animoca Brands, the giant of gaming and metaverse, is aiming to return to the stock market by 2025, considering Hong Kong and the Middle East. The decision comes after four years from the delisting from the Australian Securities Exchange (ASX), which occurred in 2020.  Animoca Brands considers returning to the stock market by 2025 in crypto-friendly jurisdictions Animoca Brands, the important investor in Web3 gaming and cryptocurrencies, has announced that it is considering a return to the stock market by 2025. After four years since the delisting from the Australian Securities Exchange (ASX), which occurred in 2020, Animoca Brands is now aiming for a more crypto-friendly jurisdiction.  And so, it seems that the Web3 giant is oriented to choose whether to list on the stock exchanges of Hong Kong or the Middle East. At the moment, however, it appears that, despite the various talks held with investment banks, Animoca Brands has not yet chosen a consultant. In fact, the company known also for investments in Non-Fungible Token (NFT) and in crypto gaming companies, has not yet decided the location of a potential initial public offering (IPO). According to the latest financial report, Animoca Brands has a total asset value of 2.7 billion dollars, of which 558 million represent crypto assets. Animoca Brands and the return to the stock market by next year The return to the stock market by Animoca Brands could also mean a slap in the face to the Australian Securities Exchange (ASX) after its delisting decision.  It was March 2020, in fact, when the AXS delisted Animoca Brands stating that its main concern was the compliance of the Web3 and crypto investor with the listing rules.  In practice, the AXS was based on the fact that the investments of the Web3 and crypto gaming giant acted inconsistently…

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Filed under: News - @ June 27, 2024 11:16 am