"Animoca Brands, the gaming and metaverse giant, is considering returning to the public market after withdrawing from the Australian Stock Exchange (ASX) in March 2020. This time, they are targeting friendly markets more specifically Hong Kong and the Middle East 🎮💰
Animoca is also seeking funding from other sources. Previously, they tokenized a Stradivarius violin from 1708 to use as collateral for a million-dollar loan from Galaxy Digital.
Animoca's value skyrocketed to nearly $6 billion in January 2022 thanks to the booming crypto and gaming markets. However, in 2023, the company's value fell below $2 billion due to challenges from the broader industry.
Let's discuss this situation!#AnimocaBrands#Crypto #Game"