Animoca Brands President: Will prioritize listing locally in Hong Kong.

According to Gate News bot, citing Hong Kong media reports from PANews, Animoca Brands President Ouyang Qijun stated that the group has been looking for opportunities to relist since its delisting in Australia. The new wave of institutional IPOs for virtual assets in the United States has garnered significant attention, but as a Hong Kong company, it will also prioritize consolidating in the local market. The specific timing is still undecided and depends on market conditions and the final market of potential investors. He believes that Hong Kong, as the company’s headquarters, has an attractive regulatory environment and financial center status, and he also believes that the current regulatory environment for the Web3 market has provided favorable conditions for the group’s development.

Animoca Brands has always focused on game development, and its metaverse game “The Sandbox” was once extremely popular. Ouyang Qijun emphasized that the group continues to view the gaming business as a long-term growth point, especially the concept of virtual asset ownership, with expectations that various new games will attract more players to participate.