Animoca Brands, based in Hong Kong, is preparing to list in New York. Executive chairman Yat Siu sees US President Donald Trump's loosened regulatory attitude to digital assets as an ideal chance to enter the world's largest capital market.
Animoca, once delisted from the Australian Securities Exchange, has amassed an outstanding investment portfolio that includes shares in OpenSea, Kraken, and ConsenSys.
The corporation recorded unaudited earnings of $97M on $314M in revenue in 2024, a considerable rise over the previous year.
Siu hinted that other Animoca portfolio firms may seek US listings in the coming years. Trump's return to office has been marked by reduced enforcement measures against cryptocurrency firms, increasing industry confidence. OKX and Nexo are among the companies re-entering the US market in this favorable climate.
