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Home»ADOPTION NEWS»Animoca Brands Considering H2 2025 IPO, Founder Reveals
ADOPTION NEWS

Animoca Brands Considering H2 2025 IPO, Founder Reveals

By Crypto FlexsJune 28, 20242 Mins Read
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Animoca Brands Considering H2 2025 IPO, Founder Reveals
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Company • June 28, 2024 2:13 AM EDT

Posted 1 minute earlier In ~

Animoca Brands, a Hong Kong-based gaming and metaverse company, is considering a listing next year, Chairman Yat Siu said.

Animoca is considering a potential public listing in Hong Kong or the Middle East, where cryptocurrency-friendly policies are in place, according to an article by The Information, which first reported the public listing plans.

The company confirmed the news to The Block. “It depends on many factors, but we are confident that we will go public, and if we do, it will most likely be in the second half of 2025,” Siu said in an email to The Block.

After being traded on the Australian Stock Exchange, Animoca was delisted from the ASX in 2020 following investigations into its cryptocurrency-related activities. “It’s difficult to say at this point, but the board and management are working on it and hope to get it done as quickly as possible.” said At that time.

Founded in 2014, Animoca is valued at $5.9 billion after its 2022 funding round. We have invested in major blockchain and Web3 projects including The Sandbox, Axie Infinity, and TON Network.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures include:

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

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