Web3 Company Animoca Brands is Considering an IPO in 2025

Animoca Brands, a leading player in blockchain gaming and Web3 investments, is considering going public as early as next year.

The company is looking at potential listings in Hong Kong or the Middle East. Although initial discussions have been held with investment banks, co-founder Yat Xiu mentioned that Animoca has not yet formally appointed financial advisors for the process. This step reaffirms the company’s growth ambitions and its confidence in the expanding digital asset market.

Animoca Brands is considering an IPO

A report by The Information on Wednesday revealed that Animoca Brands is planning an initial public offering (IPO) in 2025. The company is considering listing options in Hong Kong or the Middle East, as co-founder Yat Xiu confirmed.

This potential IPO marks Animoca’s return to the public markets more than four years after it was delisted from the Australian Securities Exchange due to accounting issues. Both Hong Kong and the Middle East have emerged as crypto-friendly regions, having developed regulations to attract crypto companies and expand their tech sectors and capital markets.

While the exact location for the IPO has not yet been determined, Animoca’s heavy investments in NFTs and crypto gaming companies highlight a clear strategic direction for its public listing.

Expanding the Web3 ecosystem

Animoca Brands is making notable progress in the Web3 space with its ambitious projects. A key initiative is the development of the Moca Network, designed for compatibility with any decentralized application, wallet or blockchain. This network, supported by over 450 companies within the Animoca ecosystem, targets a user base of approximately 700 million people.

The company expects that as more partners and users join the Moca network, it will be able to increase its resources and create more value and benefits for society. In addition, Animoca plans to launch an NFT platform in Japan this summer, inviting enthusiasts and potential users to participate in this innovative project.

Alexander Stefanov