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Hong Kong crypto investor Animoca plans US listing as Trump lures more groups

  • Hong Kong-based Web3 investor Animoca Brands is preparing to go public on the New York Stock Exchange, with an official announcement expected soon in 2025.
  • This decision follows the Trump administration's shift to a more welcoming crypto regulatory environment, contrasting with prior Biden-era lawsuits against crypto firms.
  • Animoca’s balance sheet includes nearly $300 million in liquid assets such as cash and stablecoins, along with $538 million held in various digital cryptocurrencies, reinforcing its strong position in the expanding U.S. Crypto market.
  • Executive Chairman Yat Siu highlighted that not seizing this rare opportunity to enter the U.S. Market would be a significant missed chance for the company.
  • The planned listing highlights growing optimism among international crypto firms about the U.S. Market and reflects a wider shift toward pursuing public offerings there under the Trump administration.
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Financial Times broke the news in London, United Kingdom on Tuesday, May 13, 2025.
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