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Hong Kong’s Animocha brand will be listing it in New York to provide a “unique moment” for Donald Trump’s digital assets to light touch regulation to enter the world’s largest capital market, says crypto investor boss.
Yat Siu could be announced “soon” and “soon,” Yat Siu told the Financial Times, where the company looked into several stockholding structures. The list is unlikely to depend on market conditions, the executive chair added.
The group raised funds in a series of funding rounds in 2022, reporting a private rating of just under $6 billion. Since then, the prices of stocks and digital assets, including Bitcoin, have skyrocketed.
Trump’s pledge to make the US a global center for digital assets and softer regulatory approaches has invited companies to the country, including Delibit, the world’s largest exchange of cryptocurrency options.
Bitcoin has increased more than 50% to more than $102,000 since Trump’s November election. The president has removed many digital asset enforcement cases with a significant change in his approach to his predecessor, Joe Biden.
Dozens of lawsuits and criminal cases have been launched against digital asset companies under Biden, causing many to avoid the United States.
SIU said the clampdown has cooled US innovation and gave foreign companies such as Animoca, which invested in blockchain-based video games and cryptographic entities a rare competitive advantage.
A year ago, Animaka would not have considered the US list, but now it was “a very important part of the roadmap,” SIU added.
“If the US didn’t do what they did with regulators (under Biden), then there’s probably a competitor in the US. Usually we’ll compete with giants and the like. That’s the biggest market.
“It’s a unique moment. I think it’s one of those opportunities that’s useless, at least if you haven’t tried it.”
Some companies in Animoca’s portfolio were looking into US lists this year or early 2026, including US crypto exchange Kraken, SIU added.
Animoca has been considering returning to the open market since last year. It was delisted in 2020 by the Australian Stock Exchange due to concerns about governance and the legal status of some of its crypto assets.
Since then, it has expanded its operations with digital asset projects and advisory services, building an investment division with inappropriate tokens, shares in Opensea, the main market for Consensy of Kraken and Blockchain Software Group.
The gaming company also expects to benefit from the expected arrival of new consoles and releases, such as Grand Theft Auto 6. This provides the opportunity to incorporate crypto-based payments into games that could increase revenue with Animoca investments.
Animoca’s revenue before interest, taxes, depreciation and amortization rose from annual revenues to $334 million in December to $34 million in revenue the previous year, but the figures were not audited.
The company, which invests in over 540 companies, has invested in over 540 companies on its balance sheet.
“I think we are the biggest non-financial services crypto company,” SIU said. “I think publishing is a way to tell the world that “there is a business in cryptography that doesn’t do typical cryptographic issues.” ”
