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.
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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.