Pro Weekly: Even Crypto Firms Are Thinking IPO

There are dozens of tech companies hoping to go public, including specialists in enterprise software, retail, artificial intelligence—and most surprisingly, crypto. This week, we reported that Animoca Brands, which owns stakes in more than 400 crypto and metaverse companies, is looking into going public next year. 

The company was previously publicly traded in Australia but delisted in 2020. This time, it’s considering listing shares in Hong Kong or the Middle East. Animoca isn’t the first crypto firm to say it hopes to go public in the not-so-distant future. USD coin issuer Circle is on at least its second attempt; in January, it filed confidentially for an initial public offering after calling off a deal with a special purpose acquisition company in 2022.