Animoca Brands Plans to Go Public in the U.S., Entering the Capital Market Amid Trump's Deregulation

Foresight News reports that, according to the Financial Times, Hong Kong crypto investment company Animoca Brands plans to go public in New York. Animoca Brands co-founder Yat Siu stated that $Trump's lenient regulation of digital assets offers a "unique opportunity" to enter the world's largest capital market.

The company was valued at nearly 6 billion USD in 2022, currently holding 300 million USD in cash and stablecoins, 538 million USD in digital assets, with an EBITDA of 97 million USD in 2024 and revenue of 314 million USD.