🔸Animoca Brands, a large company that invests in games with NFTs and other internet technologies (Web3), wants to start selling its shares on the New York Stock Exchange.
Why now? The head of Animoca Brands says that the current government of the United States, led by Trump, seems to be more friendly towards cryptocurrency and digital asset companies. Previously, under the Biden administration, there were many legal issues for these companies.
Animoca Brands believes that this is a good time to try to enter the New York Stock Exchange and they do not want to miss the opportunity. They have already invested in many well-known companies like the game Axie Infinity and the NFT marketplace OpenSea.
Another important company they invested in, Kraken (a place to buy and sell cryptocurrencies), is also considering selling its shares in the United States next year.
Recently, Animoca Brands has also been offering more advisory services to other companies on how to manage their tokens and enter the market.
- Animoca Brands, which has a lot of cash and digital assets, sees a unique opportunity with the current U.S. government to start trading on the New York Stock Exchange and thus grow even further.
