FT: Animoca Brands is planning to list on the New York Stock Exchange

BlockBeats News, May 13th. According to FT, Hong Kong-based crypto investment company Animoca Brands is planning to go public in New York. Co-founder Yat Siu stated that the Trump administration's relaxed regulations on crypto assets have provided a "unique opportunity" to access the world's largest capital market. Animoca, previously valued at nearly $6 billion, has a portfolio that includes companies such as OpenSea, Kraken, and Consensys.

Yat Siu mentioned that the company did not consider a U.S. listing last year, but now the "U.S. market has become irresistible." Animoca stated that it is considering various equity structures, and a listing announcement "may be coming soon."