Animoca Brands plans for New York IPO under pro-crypto U.S. administration
Animoca Brands is planning to go public ‘soon’ in the United States, citing the Trump administration’s pro-crypto approach as the driving force behind entering the world’s largest market.
According to a recent report by the Financial Times, the crypto investment firm is preparing to release an announcement “soon” regarding its plans to list in New York. The company’s executive chair, Yat Siu, said the listing is not going to depend on market conditions.
“I think going public is a way to tell the world that ‘hey there’s a business that is in crypto that isn’t doing the typical crypto stuff,” said Siu.
Last year, Animoca Brands did not think a U.S. initial public offering would be in the…