Hong Kong crypto investment firm Animoca Brands is planning to go public in New York

PANews reported on May 13 that according to the Financial Times, Hong Kong crypto investment company Animoca Brands is planning to go public in New York. Co-founder Yat Siu said the Trump administration’s loose regulation of crypto assets has provided a “unique opportunity” to enter the world’s largest capital market. Animoca's previous valuation was close to $6 billion, with its portfolio covering companies such as OpenSea, Kraken and Consensys. Yat Siu said the company had not considered listing in the United States last year, but now "the U.S. market has become unmissable." Animoca said it is considering multiple equity structures and the listing announcement "may be released soon."