Animoca in preliminary talks to launch IPO in crypto-friendly region at $6 billion valuation
Summary
Animoca Brands plans to go public in a crypto-friendly jurisdiction in 2023, valued at $5.9 billion. The company is considering Hong Kong and the Middle East for the IPO. It has invested in projects like Axie Infinity and TON Network, focusing on NFTs and blockchain technology. Despite being delisted from the ASX in 2020, the company aims to leverage the growing interest in digital assets and blockchain technology through the IPO to enhance its market presence and innovation efforts.
