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Wu Blockchain (@WuBlockchain): Animoca is considering an IPO in Hong Kong or the Middle East in late 2025 or early 2026. Animoca has $291 million in cash and stablecoin reserves and…

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Animoca is considering an IPO in Hong Kong or the Middle East in late 2025 or early 2026. Animoca has $291 million in cash and stablecoin reserves and has invested in about 540 Web3 projects. However, its valuation has fallen from $5.9 billion in 2022 to $1.5 billion at present.…

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