Animoca Brands, a Web3 Investment Company, is planning a public listing in New York that seeks to capture the “unique moment” offered by the Trump administration’s approach to digital asset regulation, performing President Yat Siu told the Financial Times.

A list of plans for list could soon be made, Yat Siu said in an interview according to the Financial Times.

Under former President Joe Biden, the American crypto regulatory landscape was filled with litigation and enforcement measures against prominent crypto companies such as crypto exchange Coinbase and the Kraken. These have been dropped this year in a signal of the more friendly approach to the digital asset industry by the Trump administration.

“If the US did not do what they did with the regulators [under Biden]Would we probably have competitors in the US, “Siu said.” It’s a unique moment. I feel like it would be a hell of a wasted opportunity if we didn’t try at least. “

The Hong Kong-based company has been a prominent investor in the web3 industry for a number of years, rising to prominence during the non-fun Token (NFT) Boom in 2021. Its investment includes blockchain games Axie Infinity, NFT Marketplace OpenSea and Kraken.

Kraken is considering selling shares to the public for the first time in the US next year.

In addition to investments in NFTs and GameFi projects, Animoca Brands’ latest financial report showed a turn against its advisory service covering token advice, tokenomics, marketing, listing advice, hub operations and trade services.

Animoca owns $ 293 million in cash and stableecoins, $ 538 million in digital assets and $ 2.9 billion in tokenreserver without balance in balance according to its latest report.

The company did not immediately respond to Coindesk’s request for further comment.