Animoca Brands is looking to go public in 2025, the Information reported on Wednesday.
The Web3 giant is considering Hong Kong or the Middle East for a potential listing, the report said, citing Animoca co-founder Yat Siu. Siu added that the firm has held talks with investment banks but has not hired an adviser yet.
UnmuteCould Bitcoin Drop to $50K?
01:58U.S. Lawmakers Visit Detained Binance Exec in Nigeria; Winklevoss Twins Donate to Trump Campaign00:46Meme Coin Liquidity Hits Record High16:42How Ledger Stax Plans to Make Self-Custody More Mainstream16:39Why Dogecoin Is a 'Weird' InvestmentThe firm, known for investing in non-fungible tokens (NFTs) and crypto gaming companies, has yet to finalize the location for a possible initial public offering (IPO).
Animoca was valued at $5.9 billion during its last raise in 2022.
Edited by Aoyon Ashraf.