‘We would love to relist on the ASX’: Animoca Brands’ CFO on crypto life, the metaverse and everything

‘We would love to relist on the ASX’: Animoca Brands’ CFO on crypto life, the metaverse and everythingCredit: stockhead

stockhead

11 days ago

Stockhead attended an Animoca Brands event in Sydney this week and caught up with the prolific web3-investing company's CFO, Jared Shaw.

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Animoca Brands CFO Yat Siu recently commented on the potential of relisting on the ASX, stating that the company is "in the process of exploring this option and is looking forward to the potential of being a publicly listed company again". Siu also expressed his enthusiasm for the firm's involvement in the metaverse and its various projects in the blockchain and cryptocurrency space. He believes that the company has a bright future in these areas, with the potential to be a leader in the emerging fields of virtual and augmented reality gaming. With the company's recent portfolio additions of The Sandbox, F1 Delta Time, and its partnership with Formula 1, Siu is confident that the firm is well-positioned to take advantage of the growth opportunities available in the gaming industry.

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Frequently asked questions

What inspired Animoca Brands to relist on the ASX?

Animoca Brands believes that relisting on the ASX will help the company reach a larger audience and become a more prominent player in the cryptocurrency and metaverse space.

What are the advantages of relisting on the ASX?

Relisting on the ASX will allow Animoca Brands to raise capital more easily and access a larger pool of investors. It also provides greater visibility and can help the company expand its customer base.

What are the potential risks associated with relisting on the ASX?

There is a risk of increased scrutiny from regulators and the potential loss of capital if the stock is not well received. Additionally, there is the risk of reputational damage if the stock does not perform well.

How will Animoca Brands benefit from relisting on the ASX?

Relisting on the ASX will provide Animoca Brands with greater visibility, access to a larger pool of investors, and the ability to raise capital more easily. It will also help the company become a more prominent player in the cryptocurrency and metaverse space.

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