Animoca Brands, a Web3 investment company, is planning a public list in New York, seeking to capture the “unique moment” offered by the Trump administration approach for the regulation of digital assets, said executive president Yat Siu to The Financial Times.
According to Financial Times, an announcement could be made about the list plans, Yat Siu said in an interview, according to The Financial Times.
Under former President Joe Biden, the regulatory panorama of the US cryptocurrencies. UU. It was full of demands and compliance actions against prominent cryptographic companies such as Crypto Exchanges Coinbase and Kraken. These have been removed this year in a signal of the most friendly approach for the digital asset industry by the Trump administration.
“If the United States did not do what they did with the regulators [under Biden]We would probably have competitors in the United States, “said Siu.” It is a unique time in time. I feel that it would be a great wasted opportunity if at least we do not try. “
The Hong Kong -based company has been an outstanding investor in the web3 for several years, since it has increased to prominence during the 2021 non -fungible token rise (NFT). Its investments include blockchain Game Axie Infinity, Nft Marketplace OpenSea and Kraken.
Kraken is considering selling actions to the public for the first time in the United States next year.
Beyond the investments in NFTS and Gamefi Projects, the most recent financial report of Animoca Brands showed an axis of its advice, which covers the advice of tokens, the tokenomics, marketing, the advice of listings, the operation of node and trade services.
Animoca has $ 293 million in cash and stablcoins, $ 538 million in digital assets and $ 2.9 billion in balance balance token reserves in its general balance, according to its latest report.
The company did not immediately respond to Coindesk’s request to make more comments.
