Hong Kong-based Animoca Brands, a company specializing in Web3 gaming, might become a public company once again. Its co-founder Yat Siu stated that the company is considering an IPO in the second half of 2025.

The Sandbox

Earlier, Animoca Brands' shares were listed on the Australian Stock Exchange, but trading was halted in 2020 due to non-compliance with exchange rules.

According to Siu, Animoca Brands is now looking at exchanges in Hong Kong and the Middle East. He hopes that a potential IPO for Animoca Brands will attract more attention to the Web3 gaming market.

It’s worth noting that in mid-2022, Animoca Brands' market value was $5.9 billion.


South China Morning Post