Animoca Brands launches $MOCA coin

#AnimocaBrands launches #MOCA coin, has surged to a market cap exceeding $141 million. The move is noteworthy as few public companies in crypto issue their own tokens. Animoca Brands plans to go public in 2025, eyeing Hong Kong or the Middle East, but faces regulatory challenges following its delisting by the Australian Securities Exchange in 2020. Regulatory uncertainties, particularly in the US, continue to deter public companies from launching tokens despite the sector's growth.