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Animoca Brands Eyes US Listing Amid Trump’s Crypto Pivot

By: cryptosheadlines|2025/05/14 03:30:06
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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

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