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Read more: Animoca Brands Review: Top Metaverse And Gaming Specialized Investment Fund
Animoca Brands listing in Hong Kong was first reported by The Information. According to Animoca co-founder Yat Siu, the Web3 giant has initiated discussions with investment banks, although no consultants have been hired yet.
Valued at $5.9 billion during its last fundraising round in 2022, Animoca Brands is considering a return to the public market after being delisted from the Australian Securities Exchange in 2020 due to accounting issues. With Animoca Brands listing in Hong Kong, the company is exploring crypto-friendly markets for its IPO, aiming to go public before 2025.
Founded in 2014, Animoca Brands gained significant recognition in 2021 amid the GameFi and metaverse trends, bolstered by strategic investments in trending projects. The firm focuses on promoting digital asset ownership and contributing to the open world network, emphasizing the integration of blockchain technology in gaming and digital entertainment.
Headquartered in Hong Kong, Animoca Brands has a global presence with offices in the United States, Finland, Korea, Canada, Argentina, Germany, and Australia. The company’s portfolio includes investments in non-fungible tokens (NFTs) and crypto gaming companies, underscoring its commitment to advancing the digital economy.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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