Hong Kong government is putting in policies to make Hong Kong the global hub for Web3. I guess this is good for Animoca.
AB1 is has been in a rush trying to carve out a space for its vision of web3/metaverse.
Execution and management/governance will be the big risk. Still no sign of audited financial reports for 2020/21.
Recent surge in Bitcoin will help sentiment I guess. Animoca share price should respond if Bitcoin continue to surge which seems very likely.
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