Animoca Brands to List Shares in NY as US Crypto Regulation Evolves

Animoca Brands, a leading firm in the crypto space, is preparing for a public listing in New York City, aiming to capitalize on the more relaxed regulatory environment under the new US administration. The company’s executive chair, Yat Siu, has indicated that an announcement regarding this listing could come soon. Animoca plans to explore various shareholding structures during the process. The move comes as the US crypto landscape undergoes significant transformation with the return of former President Donald Trump. This shift in regulatory stance has fueled a wave of renewed activity among industry players, including Animoca, which recently saw its portfolio companies like Kraken explore potential US listings.