Home web3.0 Chain gaming company Animoca Brands is considering returning to the IPO in the second half of next year! Hong Kong and the Middle East are the first choices

Chain gaming company Animoca Brands is considering returning to the IPO in the second half of next year! Hong Kong and the Middle East are the first choices

Jun 29, 2024 am 02:54 AM
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链游公司Animoca Brands考虑明年下半年重返IPO!香港、中东为首选地

According to a report by foreign media "The Block", Xiao Yi, chairman and founder of Hong Kong-based blockchain gaming company Animoca Brands, pointed out that the company is considering returning to the IPO market next year.

Animoca Brands was founded in 2014. It initially focused on mobile game development and distribution as its main business. It was listed on the ASX in the past, but was delisted in 2020 due to scrutiny of its involvement in the cryptocurrency business. The news that

Animoca Brands plans to re-list was first revealed by "The Information". The report pointed out that because Hong Kong and the Middle East have adopted friendly policies towards cryptocurrency, they were included in the first choice for public listing.

Xiao Yi later said when confirming the above news: "Although there are many factors that may have an impact, we are confident in the listing. If it can be finally implemented, the time point is likely to be in the second half of 2025."

Animoca Brands’s blockchain games include “The Sandbox”, “Crazy Kings”, etc. The most recent financing was in 2022, when the company was valued at US$5.9 billion.

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