
Foresight News|Aug 25, 2025 00:49
[Pudgy Penguins CEO: Plans to Complete IPO Within Two Years]
According to Foresight News, as reported by Decrypt, the NFT collection Pudgy Penguins is planning to go public by 2027. CEO Luca Netz revealed that the company is expected to achieve a record-breaking $50 million in revenue this year and has already begun collaborating with financial experts to make its PENGU token and NFTs more accessible to both retail and institutional investors. He stated, 'If we cannot complete an IPO within the next two years, I will be disappointed in myself. Please hold me accountable then.' Additionally, the company is considering tokenized stocks as an alternative, allowing investors to participate via on-chain trading platforms.
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