As an experienced financial analyst, I’ve closely followed the dynamic world of Web3 and blockchain technology, with a particular interest in companies like Animoca Brands that are leading the charge in this space. With reports indicating Animoca Brands’ intentions to go public in 2025, my curiosity is piqued.
Animoca Brands is looking to go public in 2025, the Information reported on Wednesday.
As a researcher, I’ve come across some intriguing news regarding a Web3 behemoth’s exploration of potential listing locations. According to a recent report, this tech titan is contemplating Hong Kong or the Middle East as their next step. This information was shared by none other than Animoca Brands co-founder Yat Siu. Moreover, he mentioned that discussions with investment banks have already taken place, but they have yet to secure the services of an advisor for this significant undertaking.
The company, renowned for its investments in non-fungible tokens (NFTs) and crypto gaming firms, has not made a decision on the specific site for a potential initial public offering (IPO) as of now.
Animoca was valued at $5.9 billion during its last raise in 2022.
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2024-06-26 16:53