Going Public: Animoca Brands Considers IPO in 2025
Animoca Brands Eyes IPO in 2025
Blockchain gaming and Web3 investment firm, Animoca Brands, is exploring the possibility of going public in 2025. The company is considering potential listings in Hong Kong or the Middle East. Initial discussions with investment banks have begun, although no financial advisors have been formally engaged. This potential IPO marks a return to public markets for Animoca, following its delisting from the Australian Securities Exchange over four years ago due to accounting issues. Both Hong Kong and the Middle East are seen as crypto-friendly regions, offering favorable regulations for tech firms.
Animoca’s strategic focus includes substantial investments in non-fungible tokens (NFTs) and crypto gaming companies. Additionally, the firm is advancing the Web3 space with its Moca network and plans to launch an NFT launchpad in Japan this summer. The Moca network supports over 450 companies and targets a vast user base of approximately 700 million individuals.
In related news, Web3 platform Redacted has secured $10 million in funding, with contributions from Spartan Group, Saison Capital, Animoca Brands, and Polygon Ventures.
