Animoca Brands US listing is gaining traction as the crypto investment powerhouse eyes expansion into the world’s largest capital market.
The Hong Kong-based company is preparing to go public in New York, leveraging the favorable regulatory tone emerging under President Donald Trump. According to executive chair Yat Siu, an announcement may come soon. Animoca is actively reviewing various shareholding structures to facilitate the move.
This strategic decision, Yat Siu emphasized, isn’t dictated by short-term market conditions. Instead, it’s based on timing and long-term positioning within the evolving crypto ecosystem.
The company, which exited the Australian Securities Exchange in 2020 over governance concerns, has since emerged stronger. It boasts stakes in leading Web3 companies like OpenSea, Kraken, and Consensys, reinforcing its role as a key player in the crypto gaming and blockchain investment space.
Animoca’s rebound shows strength through innovation and crypto gaming expansion
In 2024, Animoca reported unaudited earnings of $97 million on $314 million in revenue. With $300 million in cash and stablecoins, and more than $538 million in digital assets, it now claims the title of the world’s largest non-financial crypto firm.
Animoca’s resurgence isn’t just about numbers. It’s about timing. Trump’s return has catalyzed what Siu describes as “a unique moment in time.” Since the election, the SEC has paused or dropped over a dozen enforcement cases against crypto firms.
This regulatory thaw marks a sharp pivot from Biden-era crackdowns that many say stifled crypto innovation.
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Animoca Brands US listing could open floodgates for crypto firms
Siu also hinted that other Animoca portfolio companies — including Kraken — may seek US listings by 2025 or 2026. This signals a potential wave of crypto firms re-entering the American market.
Animoca’s leadership sees this climate as a golden window. A more permissive regulatory backdrop, combined with growing interest in digital assets, sets the stage for US capital markets to welcome crypto-native firms once again.
If the listing proceeds, Animoca will likely set a benchmark for other Web3 companies. It also reaffirms that despite past hurdles, the US remains a prized destination for crypto innovation and investment.