Animoca Brands Eyes Hong Kong and Middle East for IPO

Animoca Brands Plans Public Offering in Favorable Markets to Enhance Growth and Shareholder Value
Animoca Brands Eyes Hong Kong and Middle East for IPO

Animoca Brands, a leader in the GameFi and metaverse sectors, has announced plans to go public by early 2025, targeting Hong Kong or the Middle East for its IPO. This follows its exit from the Australian Securities Exchange (ASX) in 2020 due to governance concerns and crypto-related activities. Valued at $5.9 billion, Animoca aims to leverage favorable regulatory environments to expand its influence in the GameFi and metaverse industries. The company is currently in discussions with investment banks to finalize the offering's specifics.

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