Animoca Could Be Crypto’s Next U.S. Public Offering. Is It a Strong GameFi Bet?
Posted May 22, 2025 at 6:11 pm EST.
Crypto is riding high once again. Bitcoin just reached a new all-time high of $111,814, Coinbase became the first crypto company in the S&P 500, and a growing pipeline of industry firms are looking to go public in the suddenly frothy crypto market.
Add to the list Animoca Brands: a Hong Kong-based Web3 company, whose shares trade on private markets, has its tentacles in everything from NFTs and crypto gaming to an investment platform that includes over 500 companies, such as the crypto exchange Kraken and Ethereum development studio ConsenSys.
The firm, which was delisted from the Australian Stock Exchange in 2020 as a result of its crypto ties,…