Animoca Brands Eyes IPO in Hong Kong or Middle East
Hong Kong-based blockchain investment firm Animoca Brands is reportedly planning a public listing in Hong Kong or the Middle East in 2025. The company, known for its blockchain software and investments, sees the potential of these regions embracing more crypto investors.
Future IPO Plans Revealed by Animoca Brands Co-Founder
In an interview, Animoca Brands co-founder Yat Siu disclosed the company’s intentions to explore a potential IPO in 2025. With a valuation of nearly $6 billion in 2022, the firm has engaged with investment banks but is yet to select an advisor for the listing.
Impressive Portfolio and Fundraising Achievements
Animoca Brands has a diverse portfolio of over 400 crypto holdings, including popular entities like Axie Infinity, OpenSea, and Dapper Labs. The company has raised over $830 million in funding from various investors, showcasing a strong financial backing and market presence.
