According to DL News, Animoca Brands co-founder Yat Siu stated in a media interview regarding the launch of MOCA Coin that this token is not related to the company’s stock, does not involve profit sharing, and has no rights to any profits. MOCA is a utility token for the Animoca Web3 ecosystem, used for payments and governance.

Reportedly, in 2020, the Australian Securities Exchange delisted Animoca due to concerns about dual benefits from issuing tokens as a publicly traded company.

Yat Siu further mentioned that they are exploring the possibility of an IPO in Hong Kong, Dubai, or both by the end of 2025 or early 2026.