Animoca Brands plans return to stock market by 2025

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Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East.

Gaming and metaverse giant Animoca Brands is reportedly considering returning to the public market after delisting from the Australian Securities Exchange in March 2020.more friendly jurisdictions, specifically analyzing Hong Kong and the Middle East, according to The Information on June 26, citing the company’s co-founder, Yat Siu.

Animoca has been holding meetings with investment banks but has not chosen a location or hired an adviser, notes the report. The company is headquartered in Hong Kong, with offices and subsidiaries in several other countries. Back in March 2020, the ASX delisted Animoca after expressing concerns about its compliance with listing rules, specifically those relating to investments in crypto and blockchain-related businesses, which were seen as inconsistent with the exchange’s financial and asset regulations at the time.Galaxy turned the violin into a non-fungible token and will hold the NFT and the physical version until Animoca settles the loan. The violin once belonged to the Russian Empress Catherine the Great.

 

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