Animoca Brands Plans to IPO in 2025

Hong Kong-based blockchain technology investment firm Animoca Brands is considering an initial public offering (IPO) in 2025. Listing options include stock exchanges in Hong Kong or the Middle East. This initiative demonstrates the company's commitment to attract more crypto investors from various regions.

Company co-founder Yat Siu said Animoca Brands, valued at nearly $6 billion in 2022, has already begun talks with investment banks. However, the final choice of consultant has not yet been made. This is not the company's first time going public: Animoca Brands was previously listed on the Australian Securities Exchange, but was delisted in 2020 due to non-compliance.

Animoca Brands has a significant portfolio of over 400 crypto holdings. This portfolio includes notable projects such as money-making game Axie Infinity, non-fungible token (NFT) marketplace OpenSea, and blockchain developer Dapper Labs. The company actively invests in promising blockchain startups and technologies, which makes it one of the key players in the digital asset market.

The firm has raised more than $830 million across more than 29 funding rounds. Animoca Brands' investors include major players such as Temasek Holdings, GSV Capital, Soros Fund Management, as well as the venture capital firm of the Winklevoss brothers, Cameron and Tyler. This significant investment supports the company's strategy to expand and strengthen its position in the blockchain technology market.

Animoca Brands' plans for an IPO in 2025 demonstrate its ambitions and readiness for further growth. The company, which has extensive experience and an impressive portfolio of assets, seeks to strengthen its position in the international market by attracting new investors and developing innovative projects in the field of blockchain technologies.