Deniz 
Animoca Brands plans to go public in 2025, considering listings in Hong Kong or the Middle East, according to co-founder Yat Siu.
Based on Animoca co-founder Yat Siu, the Web3 behemoth, estimated at $5.9 billion in its previous round in 2022, is thinking about listing in Hong Kong or the Middle East. Siu said that although the company has not yet appointed an adviser, it has had discussions with investment banks.
Renowned for funding crypto gaming startups and non-fungible tokens (NFTs), the company has also not settled on the site for a potential initial public offering (IPO). It has made numerous investments in Web3 startups, including the TON Network and payments app Hi, as well as game business Axie Infinity.
Siu claimed NFTs are underused and may be a major component of digital capitalism, changing sectors including rights management and education, in an earlier this year interview with CoinDesk.
The corporation had a past listing on the Australian Securities Exchange. The exchange delisted the shares in March 2020 upon reference to different rule violations.
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