Animoca Brands Eyes Public Listing in Late 2025

Potential Venues: Hong Kong and the Middle East

Animoca Brands, a Hong Kong-based leader in the gaming and metaverse sectors, is considering a public listing in the second half of 2025, according to Yat Siu, the company's chairman. This strategic move aims to leverage the crypto-friendly regulatory environments of Hong Kong and the Middle East.

Historical Context and Delisting from ASX

Animoca was previously listed on the Australian Securities Exchange (ASX). However, in 2020, the company was delisted due to scrutiny over its involvement in crypto-related activities. At that time, the company expressed its intent to address these issues and work towards relisting.

Confidence in Going Public

In an email to The Block, Siu expressed confidence about the public listing, while noting that it depends on various factors. "It's contingent on many factors, but we feel confident that we will go public. And if it happens, it's likely in the second half of 2025," Siu said.

Company Growth and Investments

Since its founding in 2014, Animoca Brands has grown significantly, achieving a valuation of $5.9 billion following a 2022 funding round. The company has made substantial investments in blockchain and Web3 projects, including The Sandbox, Axie Infinity, and the TON network.

A Strategic Move for Future Growth

Animoca Brands' consideration of a public listing represents a strategic effort to capitalize on favorable market conditions and regulatory environments. This move could potentially enhance its growth and expand its influence in the rapidly evolving sectors of gaming and the metaverse. As the company navigates the complexities of going public, stakeholders will be watching closely to see how these plans unfold.

Bottom Line

In conclusion, Animoca Brands’ potential public listing in the second half of 2025 represents a strategic move to leverage the favorable regulatory environments of Hong Kong and the Middle East. Having been delisted from the ASX in 2020 due to its crypto activities, the company is now poised to re-enter the public market with renewed confidence.

Chairman Yat Siu's optimism about the listing, contingent on various factors, underscores the company's significant growth and ambitious investments in blockchain and Web3 projects. This strategic effort aims to capitalize on favorable market conditions, potentially enhancing Animoca Brands’ growth and expanding its influence in the gaming and metaverse sectors. As the company prepares for this major step, stakeholders and industry observers will be keenly watching its progress.