Animoca Brands, a Web3 Investment Company, is planning a public list in New York, looking for the “unique moment” of the approach of the Trump administration of digital assets regulation, told the Financial Times executive chairman Yat Siu.
An announcement on the list of plans could be made soon, said Yat Siu in an interview, according to the Financial Times.
Under former President Joe Biden, the American crypto regulations landscape was littered with lawsuits and enforcement actions against prominent crypto companies such as crypto exchanges Coinbase and Kraken. These have fallen this year in a signal from the more friendly approach to the digital assets industry by the Trump administration.
‘If the US did not do what they did with the supervisors [under Biden]We would probably have competitors in the US, “Siu said.” It is a unique moment in time. I feel that it would be a big chance if we didn’t try it at least. “
The company established in Hong Kong has been a prominent investor in the web3 industry for a number of years, which is familiar with a fame during the non-fungal token (NFT) Boom of 2021.
Kraken is considering selling to the public for the first time next year.
In addition to investments in NFTS and GAMEFI projects, the most recent financial report from Animoca Brands showed a turn of his advisory service, which relates to Token Advisory, Tokenomics, Marketing, Listing Advisory, Node Operation and Trading Services.
Animoca owns $ 293 million in cash and stablecoins, $ 538 million in digital assets and $ 2.9 billion in token reserves outside the balance on his balance, according to his latest report.
The company did not immediately respond to Coindesk’s request for further comments.