CoinWorld reported that Pudgy Penguins is planning to achieve its initial public offering (IPO) by 2027. According to CEO Luca Netz, the company expects to achieve a record revenue of $50 million this year and has started collaborating with financial experts to make its PENGU tokens and NFTs more acceptable to retail and institutional investors. Netz stated: "If we can't IPO in the next two years, I will be disappointed in myself, and I expect everyone to hold me accountable at that time." Additionally, the company is considering tokenized stock as an alternative, allowing investors to participate in investment on a blockchain trading platform.