Animoca Brands Considers Returning to the Stock Market by 2025 in Crypto-Friendly Jurisdictions

Animoca Brands, the important investor in Web3 gaming and cryptocurrencies, has announced that it is considering a return to the stock market by 2025.

Gaming and metaverse giant Animoca Brands is reportedly eyeing a return to the stock market by 2025, with Hong Kong and the Middle East emerging as potential listing destinations.

The move comes four years after Animoca Brands was delisted from the Australian Securities Exchange (ASX) in 2020.

Animoca Brands mulls stock market return by 2025 in crypto-friendly jurisdiction Animoca Brands, the notable investor in Web3 gaming and cryptocurrencies, has announced that it is considering a return to the stock market by 2025.

After four years since the delisting from the Australian Securities Exchange (ASX), which occurred in 2020, Animoca Brands is now aiming for a more crypto-friendly jurisdiction.

As such, the Web3 giant is reportedly considering whether to list on the stock exchanges of either Hong Kong or the Middle East. However, at the moment, it seems that Animoca Brands has not yet chosen a consultant, despite holding talks with several investment banks.

The company, which is also known for its investments in Non-Fungible Token (NFT) and crypto gaming companies, has not yet decided on the location of a potential initial public offering (IPO).

According to the latest financial report, Animoca Brands has a total asset value of $2.7 billion, out of which $558 million are crypto assets.

Animoca Brands' return to the stock market by next year could also serve as a countermove against the Australian Securities Exchange (ASX) following its decision to delist the Web3 and crypto investor.

It was March 2020 when the ASX delisted Animoca Brands, stating that its main concern was the compliance of the Web3 and crypto investor with the listing rules.

Specifically, the ASX was concerned that the investments of the Web3 and crypto gaming giant acted counter to the financial and asset regulations of the stock exchange at that time.

In contrast, both Hong Kong and the Middle East would be more crypto-friendly jurisdictions for Animoca Brands.

In fact, earlier in 2024, Hong Kong made headlines when it approved in April the ETFs on Bitcoin and Ethereum spot. Moreover, as is well known, Hong Kong aims to become a regional hub for crypto.

The Middle East also continues its drive to embrace the revolution of the crypto sector more and more. Recently, Dubai was in the news as the Virtual Assets Regulatory Authority is reportedly examining ways to reduce the compliance costs for businesses with its directives, especially regarding crypto.

Essentially, unlike in the USA, in Dubai they are trying to find legal solutions to make life easier for crypto companies.

Animoca Brands Japan launches NFT launchpad Sorah Also this June, Animoca Brands Japan has launched its launchpad NFT Sorah. It is a platform that serves to support projects and creators in selling their Non-Fungible Tokens.

Specifically, the new launchpad aims to provide sales opportunities and comprehensive support for sales and marketing strategies for all NFT projects that will be selected.

Moreover, on Sorah, there will also be a loyalty program in the form of an NFT, which will allow users to receive various benefits.

The new platform by Animoca Brands Japan could become the Web3 portal that better connects Japan with the global community.

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