{"id":56541,"date":"2025-11-04T09:16:32","date_gmt":"2025-11-04T09:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56541"},"modified":"2025-11-04T09:16:32","modified_gmt":"2025-11-04T09:16:32","slug":"crypto-giant-animoca-brands-announces-plans-for-initial-public-offering-in-the-us","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56541","title":{"rendered":"Crypto Giant Animoca Brands Announces Plans For Initial Public Offering In The US"},"content":{"rendered":"
\n

Hong Kong-based Animoca Brands, a major venture capital investor in the cryptocurrency market, announced on Monday its plans for an initial public offering (IPO) in the United States. This move will be executed through a reverse merger with Currenc Group, a fintech company specializing in artificial intelligence (AI) solutions.\u00a0<\/p>\n

Animoca Brands Returns To Public Markets<\/h2>\n

The transaction is anticipated to close in 2026, at which point Animoca Brands shareholders are expected to hold approximately 95% of the new entity\u2019s issued shares.\u00a0<\/p>\n

Notable investors in Animoca include Kingsway Capital, 50T Funds, and SoftBank, as stated by the company\u2019s executive chairman Yat Siu in a recent interview <\/a>with Bloomberg.<\/p>\n

This upcoming listing marks Animoca\u2019s return to public markets following its delisting from the Australia Securities Exchange (ASE) in 2020, which occurred due to concerns over breaches of listing rules related to its involvement in crypto activities.\u00a0<\/p>\n

Animoca Brands follows other firms that have entered the public sector. Circle <\/a>(CRC), the issuer of USDC, is one of the most notable ones, amid President Trump\u2019s support for the growth of digital assets in the country in 2025.\u00a0<\/p>\n

Animoca boasts a diverse portfolio that includes tokens and equity stakes in over 600 crypto companies. This features investments in firms that are also planning to go public, such as blockchain infrastructure provider ConsenSys and the cryptocurrency exchange Kraken.\u00a0<\/p>\n

Siu indicated that much of Animoca Brands\u2019 portfolio consists of tokens from startups, and the company has a dedicated team focused on trading these cryptocurrencies <\/a>to generate returns. \u201cWe consider ourselves basically a levered bet on altcoins,\u201d he remarked.<\/p>\n

New York Office On The Horizon<\/h2>\n

The merger with Currenc is contingent upon regulatory approvals in both the US and Australia, where Animoca\u2019s corporate entity is registered. Additionally, it depends on Animoca providing audited financial statements<\/a> for previous years.\u00a0<\/p>\n

While Siu confirmed that Animoca Brands is profitable, he noted that the company has not yet disclosed its financial results for the current fiscal year.<\/p>\n

Although a letter of intent has been signed, definitive agreements for the merger are still being finalized. Both companies have entered a three-month exclusivity period to complete the agreement.<\/p>\n

With more than 700 employees, Animoca Brands is also planning to establish a new office in New York. Siu highlighted that President Donald Trump\u2019s favorable stance toward the cryptocurrency industry<\/a> played a significant role in the decision to pursue a US listing.\u00a0<\/p>\n

\u201cI mean, do I need to say Trump?\u201d he stated, while also noting that a dual listing in Hong Kong remains a possibility, emphasizing the importance of the Asian market to the company\u2019s overall strategy and user base.<\/p>\n

\"Animoca<\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-based Animoca Brands, a major venture capital investor in the cryptocurrency market, announced on Monday its plans for an initial public offering (IPO) in the United States. This move will be executed through a reverse merger with Currenc Group, a fintech company specializing in artificial intelligence (AI) solutions.\u00a0 Animoca Brands Returns To Public Markets […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56541","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56541"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56541\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}