Is actively investing in blockchain games fruitful? Foreign media reported that Animoca is preparing to list on the stock market and may be listed in "2 regions"

Animoca Brands plans to go public in 2025

Animoca Brands, a well-known crypto game manufacturer and investment company, recently announced that it is considering an initial public offering (IPO) in 2025. According to Animoca co-founder Yat Siu, the company is exploring potential listing locations including Hong Kong and the Middle East. Notably, the company was previously listed on the Australian Securities Exchange (ASX) but was forced to delist in March 2020 due to multiple regulatory breaches.

Both Hong Kong and the Middle East have positioned themselves as cryptocurrency-friendly hubs, attracting technology companies and expanding the capabilities of capital markets in these regions by implementing regulatory measures specifically targeted at crypto companies. Although the specific location of the IPO has not yet been finalized, Animoca’s large investments in NFT and crypto gaming companies show its strong strategic direction in terms of potential listings.

Animoca co-founder Yat Siu confirmed that the company is in talks with investment banks to get guidance on the IPO process, but has not yet selected advisers. "We hope that through this IPO, we can further promote our development in the digital asset and tokenization market," Siu said.

Source: Rootdata Animoca Brands Investment Information

The impact of listing plans on the market

Animoca Brands’ IPO plans are in line with a trend of other cryptocurrency ventures, such as Circle and Kraken. While listing outside the U.S. may have less of an impact on stock prices, competition from places like Hong Kong and the Middle East to become cryptocurrency hubs could influence their decisions.

It’s worth noting that past major financial listings, such as Coinbase’s IPO, often symbolize market peaks, which may be indicative of similar developments. For Animoca, this listing plan will be an important milestone for the company to further expand its capabilities and position in the digital asset and crypto gaming market.

Overall, Animoca Brands’ plans for an IPO in 2025 show the company’s strong momentum in the crypto market. Regardless of whether Hong Kong or the Middle East is ultimately chosen to list, this move will have a significant impact on the global cryptocurrency market and may promote more companies to list in these regions. Animoca’s active investment and strategic layout have made it the focus of market attention in its upcoming IPO.

Source: Nikkei Asia Animoca Brands has invested in many games and NFT projects in the past