Summary
- Animoca Brands has announced that it is pursuing a listing on the US stock market.
- The company has made extensive investments in major blockchain companies, including digital assets and cash.
- It is reported that recent regulatory easing in the US regarding virtual assets is influencing the increase in companies challenging for listings.
Animoca Brands, a developer and investor in non-fungible tokens (NFTs) and blockchain games, is reportedly pursuing a listing on the US stock market.
According to CryptoNews on the 13th (local time), Yat Siu, chairman of Animoca Brands, mentioned in an interview with the Financial Times that there could be an announcement regarding the US stock market listing.
As of last year, Animoca Brands holds digital assets worth $538 million and cash and stablecoins (virtual assets linked to the value of legal currency) worth $300 million, and has invested in over 540 companies including OpenSea, Kraken, and ConsenSys.
CryptoNews explained, "Recently, as regulatory easing for the virtual asset industry has been implemented in the US, the number of companies challenging for listings is increasing."
Uk Jin
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