In accordance with HashNews, Animoca Brands founder Yat Siu plans to go public via a reverse merger on Nasdaq in 2026, positioning the firm as a gateway for investors to access a broader range of crypto projects and altcoins. Siu compared Bitcoin to gold, noting that while no company’s market cap exceeds gold, the combined value of listed companies is five to six times that of gold. He emphasized that altcoins offer utility in areas like Web3 gaming, gas fees, and DeFi, and that Animoca’s strategy is to invest in a diverse range of altcoins, similar to early-stage investments in companies like Amazon and Google. The firm has invested in 230 of 628 gaming companies and is expanding into infrastructure, AI, and DeFi.
Animoca Brands Eyes IPO via Reverse Merger, Targets Altcoin Market Exposure
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