Animoca Brands is planning a listing in New York, leveraging former President Trump’s relaxed stance on cryptocurrency as an opportunity for global firms to access U.S. capital markets. Yat Siu, the company's executive chair, indicated that an announcement could be imminent and that the decision is more about timing than market conditions. Animoca, which faced concerns over governance and cryptocurrency status in 2020, has since developed a strong investment portfolio worth substantial assets. With $300 million in cash and stablecoins and over $538 million in digital assets, Siu noted that not capitalizing on this moment would be a significant missed opportunity. Regulatory hostility under President Biden had stifled innovation, while Trump’s return has prompted the SEC to pause enforcement actions against crypto firms, boosting industry confidence. Siu hinted that other Animoca portfolio companies may also consider U.S. listings in the next couple of years.

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