- Animoca Brands is preparing for a listing on the New York Stock Exchange.
- The company is taking this step as Donald Trump’s return shifts U.S. crypto regulation.
- Animoca Brands had previously ruled out a U.S. listing due to strict policies under the Biden administration.
Animoca Brands plans to enter the U.S. stock market with a listing on the New York Stock Exchange. The move aligns with a shifting regulatory climate under Donald Trump’s renewed influence in the White House. The company sees the current U.S. environment as more welcoming for crypto-related firms, reversing earlier hesitations.
Animoca Brands Eyes U.S. Listing Shift
Animoca Brands changed its market expansion plan as a result of favorable regulatory changes in respect to crypto within the United States. Crypto entities had to deal with more enforcement under the Biden administration, and many of them decided to leave the country. Nevertheless, the comeback of Donald Trump has changed the tune to better digital asset policies.
Company leadership views this as a special window of entry into the U.S. capital markets because there are clearer regulatory paths. Animoca Brands has admitted it has changed the aspect under which its listing decision is based to internal structure readiness. Lack of market conditions is not going to push back the timeline, say the latest public statements by the firm.
Some of the executives are currently looking at different shareholding structures before they can make an official announcement. The company expects to conclude decisions and enunciate plans for the listing shortly. It considers a listing in the U.S. as both a chance for growth and a wider endorsement of the development of an industry.
Animoca Expands With Web3 Investment Strategy
Animoca Brands recorded $314 million in revenue on an annual basis, which is an increase from the previous year’s $280 million. The company recorded EBT & depreciation of $97 million, which represents steady performance in operations. In addition, it has almost $300 million in cash and stablecoins.
Its asset portfolio comprises $583 million of digital assets, meaning that it enhances its market credibility. Animoca Brands oversees a vast network; the group owns more than 540 companies, which include OpenSea, Kraken, and ConsenSys. These investments provide the base of its Web3, NFT, and blockchain gaming strategy.
Animoca Brands restored its global reputation after getting delisted from the Australian Stock Exchange in 2020. Since then, the company has emerged as a kingpin of blockchain-oriented industries. It is situated for a U.S. public offering between those able to recover and scale.
Crypto Sentiment Shift Under Trump’s Administration
Animoca Brands is one of many firms taking advantage of policy changes when Trump returned to power. Against this background, companies like Deribit have begun venturing into U.S. expansion due to relaxed regulations. The government’s backing of crypto is starting to change market sentiments.
Trump’s recent words compared crypto’s stability to the stock market’s stability in times of crisis. His public support has also brought about an element of respectability for digital assets in the once traditional financial circles. These developments have led firms to rethink entry to the U.S. markets.
Animoca Brands considers the current moment a crucial point in the development of the digital asset industry. It views the atmosphere of regulation as much more amiable than years ago.
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