Animoca Brands Eyes US Listing Amid Trump’s Crypto Pivot

By: cryptosheadlines|2025/05/14 03:30:06
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Animoca Brands targets a New York listing, driven by Trump’s crypto-friendly policies and a booming digital asset market.Trump’s regulatory shift boosts US appeal for Animoca, which now sees a rare window to expand in the world’s largest capital market.With $314M in revenue and strong gaming prospects, Animoca plans to go public to solidify its role as a leading crypto investment firm.As Financial Times reported, Hong Kong-based Animoca Brands is gearing up for a bold move to list in New York. Executive Chair Yat Siu confirmed the plan, citing a “unique moment” created by Donald Trump’s lighter regulatory stance on digital assets. Animoca, a top investor in blockchain-based gaming and digital assets, sees the US as a crucial frontier. An announcement on the listing could arrive soon. The company is exploring several shareholding structures, and the listing will likely proceed regardless of market conditions.Besides recent momentum in digital asset markets, Trump’s policy shift has been a key motivator. Bitcoin prices have surged over 50% since Trump’s November win, now topping $102,000. More importantly, Trump has dropped several digital asset enforcement cases, reversing the hostile regulatory climate under Joe Biden. Consequently, crypto companies like Deribit are relocating to the US. Siu emphasized that this new environment favors innovation and levels the playing field for non-US firms.Regulatory Shift Spurs Strategic ExpansionUnder Biden’s administration, strict enforcement and lawsuits pushed many digital asset firms out of the US. However, Trump’s softer approach has made the US more appealing. Siu pointed out that a year ago, a US listing wasn’t even on the table. Now, it’s a core strategy. He noted that if not for the prior crackdown, US competitors might have overtaken Animoca’s market position. Hence, he sees this timing as a rare opening.Additionally, several Animoca portfolio companies like Kraken are also eyeing US listings by 2026. This aligns with a broader trend among crypto firms seeking US capital amid a friendlier regulatory backdrop.Strong Financials and Gaming Growth OutlookAnimoca has demonstrated solid growth. In 2024, it reported $314 million in revenue and $97 million in EBITDA. This marks a sharp rise from $34 million in EBITDA the previous year. The company also holds $300 million in cash and stablecoins, plus $538 million in digital assets.Moreover, Animoca expects gaming sector growth to accelerate. The release of next-gen consoles and games like GTA 6 could drive crypto-based game payments. This would benefit its investments. Siu believes a public listing will highlight Animoca as a legitimate crypto business beyond speculation. “It’s the world’s biggest market,” he said. “We should go there.”Source link

-- Price

--

You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

Popular coins

Latest Crypto News

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com