PANews reported on May 13 that according to the Financial Times, Hong Kong crypto investment company Animoca Brands is planning to go public in New York. Co-founder Yat Siu said that the Trump administration's loose regulation of crypto assets has provided a "unique opportunity" to enter the world's largest capital market. Animoca was previously valued at nearly US$6 billion, and its investment portfolio includes companies such as OpenSea, Kraken and Consensys. Yat Siu said that the company had not considered going public in the United States last year, but now "the US market has become unmissable." Animoca said it is considering various equity structures and the listing announcement "may be released soon."
Hong Kong crypto investment firm Animoca Brands is planning a New York IPO
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