The Animoca Brands, a Web3 investment company, is planning a public list in New York, seeking to get the “unique moment” offered by the Trump administration’s approach to digital asset regulation, Executive Chairman Yat Siu said in the Financial Times.
An announcement on plans to list can be done soon, Yat Siu said in an interview, According to the Financial Times.
Under former President Joe Biden, the view of US crypto regulation is head of suits and actions that implement against prominent crypto companies such as Crypto Exchanges Coinbase and Kraken. This has fallen this year In a signal of more friendly approach to the Trump administration’s digital asset industry.
“If the US didn’t do what they did to the regulators (under Biden), we would probably have competitors in the US,” Siu said. “It’s a unique moment in time. I feel like it would be a heel a wasted chance if we didn’t at least try.”
Hong Kong -based company has become a well -known investor in the Web3 industry for one year, which has risen to popularity during the non -developed token (NFT) boom of 2021. Investments included Blockchain Game Axie Infinity, NFT Marketplace Opensea and Kraken.
Kraken himself is considered selling shares to the public In the first time in the US next year.
More than investments in NFTS and Gamefi projects, the latest Animoca brands are latest The financial report showed a pivot toward its counseling servicecovering token advisory, tokenomics, marketing, listing advisory, node operation and trading services.
Animoca holds $ 293 million in cash and stablecoins, $ 538 million in digital assets, and $ 2.9 billion in off-balance-sheet-sheet reserves in its balance, according to the latest report.
The company did not immediately respond to CoinDesk’s request for further comment.
