Animoca Brands co-founder Yat Siu stated in a media interview that the newly launched MOCA Coin is unrelated to the company's stocks, does not involve profit sharing, and serves solely as a utility token within the ecosystem. MOCA Coin will be utilized for payments and governance within the Animoca Web3 ecosystem. Additionally, Yat Siu revealed that Animoca is considering an IPO in late 2025 or early 2026 in Hong Kong, Dubai, or both locations simultaneously.

Odaily Planet Daily News: Yat Siu, the co-founder of Animoca Brands, stated in a media interview that the MOCA Coin's launch is unrelated to the company's stocks, profit-sharing, or rights to share profits. MOCA is a utility token in the Animoca Web3 ecosystem used for payments and governance. In 2020, the Australian Securities Exchange delisted Animoca due to concerns that issuing tokens as a listed company constituted 'double dipping.' Yat Siu further mentioned exploring the possibility of conducting an IPO in Hong Kong, Dubai, or both by the end of 2025 or early 2026. (DL News)

Animoca Brands co-founder Yat Siu revealed that MOCA Coin is unrelated to the company's stock and is considering a future IPO.