Recently, the surge of cryptocurrency companies in the U.S. stock market has not only boosted the stock prices of already listed crypto companies but has also encouraged many crypto companies to actively prepare for an IPO in the U.S.

A recent article listed 13 potential companies waiting to go public in the U.S. The vast majority are exchanges, but there is one exception: Animoca Brands.

In fact, several months ago, I saw news indicating that Animoca Brands was preparing for a U.S. IPO. Now, seeing this article, it is highly likely that this news is true.

Readers familiar with the crypto ecosystem know that this company focuses on investing in NFTs and blockchain games, having backed many classic projects. Its understanding of the crypto ecosystem includes many forward-thinking and innovative ideas.

More importantly, this is a company rooted in Hong Kong.

In recent years, Hong Kong has been making significant strides in promoting Web 3 development. Even in the stablecoin sector, which has recently gained global attention, Hong Kong's legislative pace is not lagging behind that of the U.S.

Given such a vibrant atmosphere and being in such a passionate environment, it would seem that a local Hong Kong company like Animoca Brands should choose to go public in Hong Kong, where the timing, location, and people are all favorable.

But why does it still lean towards the U.S.?

This makes me reflect on the three places that have been most discussed regarding the development of the crypto ecosystem in recent years: Singapore, Hong Kong, and the U.S.

I have a good impression of Singapore, but I have never considered it an ideal country for the current stage of crypto ecosystem development, as this development requires a nurturing of values and an inclusive social environment.

A government that is so strong and manages every aspect, with meticulous care for society, like Singapore, is inherently different from the "wild," "fierce," and "disruptive" nature of the current stage of the crypto ecosystem. The two cannot ultimately come together unless the crypto ecosystem has fully integrated into our lives and become a technology that everyone can recognize. Only then might Singapore be able to accept that ecosystem more confidently.

So, when the Singapore government recently introduced a series of regulatory policies that led to a sharp decline in its entire crypto environment, I was not surprised at all.

As for Hong Kong, whether due to personal sentiment or a retrospective view of history, I believe it possesses the genes necessary for the current stage of the crypto ecosystem and has the potential to become a fertile ground for its development. The "proactive non-intervention" gene and the inherent conditions of a financial free port that Hong Kong originally possessed make it one of the most suitable places in the world for the crypto ecosystem.

Otherwise, years ago, companies like Tether would not have chosen Hong Kong, and it was precisely Hong Kong's unique conditions that helped it develop rapidly in its early stages.

Unfortunately, Hong Kong has become increasingly cautious and burdened with concerns, making it difficult to see new crypto giants emerge, and even the original giant Tether has moved most of its business activities out of Hong Kong.

Now, if even the few remaining companies like Animoca Brands choose to conduct important IPO processes elsewhere, it further indicates that Hong Kong's future in this regard is worth noting.

Recently, after the stablecoin regulations passed the third reading in the Hong Kong Legislative Council, a legislator reminded that Hong Kong must not repeat the same mistake in developing stablecoins: getting up early but arriving late.

I feel that the legislator expressed more concern and helplessness when saying this.

Historically, Hong Kong has achieved remarkable accomplishments. A former governor once, while the UK was keen on nationalization and planned interventions, resisted pressure and vigorously promoted economic liberalization in Hong Kong, transforming it into a global financial center.

These measures not only created prosperity for Hong Kong but also demonstrated to the world that the Chinese, under the rule of law and market economy conditions, could restrain the hand of arbitrary intervention, and even a small territory could create astonishing miracles.

And this is the core and essence of the development of the crypto ecosystem.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。