Hong Kong's Animoca Brands is gearing up for a New York listing, capitalizing on President Trump's favorable stance on digital assets. Executive chair Yat Siu mentioned that the decision is not dependent on market conditions but on timing and strategy. Despite being delisted from the Australian Securities Exchange in 2020, Animoca has seen significant growth, reporting $97 million in earnings from $314 million in revenue for 2024. Siu highlighted the company's strong position with $300 million in cash and stablecoins and over $538 million in digital assets. The company is considering a US listing, with other portfolio companies like Kraken potentially following suit. Trump's supportive approach to the crypto sector contrasts with Biden's regulatory hostility, leading to increased industry confidence and a softer enforcement approach by US agencies. This shift has prompted companies like OKX and Nexo to reenter the US market, signaling a positive outlook for the industry. Read more AI-generated news on: https://app.chaingpt.org/news