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Animoca Brands Plots NYSE Move as Trump Alters Crypto Game

  • Animoca Brands plans to enter the U.S. stock market with a listing on the New York Stock Exchange, citing more favorable U.S. crypto regulations under Donald Trump's influence.
  • The company changed its U.S. listing plans due to positive regulatory changes in the U.S. regarding crypto, after facing stricter enforcement under the Biden administration.
  • Animoca Brands recorded increased revenue of $314 million, steady operations, and substantial digital asset holdings, solidifying its position in Web3, NFT, and blockchain gaming.
  • Trump's administration's supportive stance on crypto is encouraging firms like Animoca Brands to consider U.S. market entry, indicating a shift in market sentiment towards digital assets.

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