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Will the 2025 crypto market misjudge Bitcoin? Insights from Animoca's funding and the first year of utility tokens
【ChainNews】Bitcoin may face a rare annual decline this year. Some industry insiders believe that the market has been hyped up by Trump’s policies, with excessive focus on tariffs and trade wars, while neglecting the fact that cryptocurrencies are not actually on his priority list. As a result, the entire market pricing has become distorted.
Interestingly, Animoca Brands is planning to go public through a reverse merger with a Nasdaq-listed fintech company. After the merger, Animoca will control 95% of the merged entity’s shares. Their goal is clear — to become a meme coin and Web3 asset allocation tool in the public market, allowing ordinary investors to easily access diversified crypto assets.
On the financial side, Animoca Brands has invested in over 620 companies, adding about 100 new projects last year. The booked revenue for fiscal year 2024 reached $314 million, maintaining EBITDA profitability for four consecutive years, which is considered a solid performance even in the venture capital circle.
More importantly, regulatory frameworks such as the US “Clear Act” and “Genius Act” are gradually becoming clearer. By 2026, the increased legal clarity will force the entire industry to re-examine compliance and practical applications. It is expected that by then, market focus will shift from pure speculation to products that truly solve problems. Every newly issued token will need to have a clear use case — in other words, 2026 is very likely to be the year when utility tokens truly take off.
Animoca's move of reverse merger is quite aggressive; with 95% control directly listed on Nasdaq, ordinary retail investors can also copycat altcoins.
620 investments? That must be a lot of betting, but it is indeed the trend of utility tokens.
Annual decline? Forget it, same old rhetoric, this was said at the beginning of the year.
Pricing deviation? Isn't that just institutions haven't fully bottomed out yet? Just wait.
Animoca's move is good, allowing retail investors to buy the dip. Just wait for the utility tokens to take off.
Bitcoin falling? I actually see this point as a good opportunity. Too many people are being manipulated by public opinion.
620 investors... Honestly, this scale is a bit frightening. It's already incredible to reach the listing stage.
If the pricing is wrong, so be it. I can't sell anyway, so I’ll hold tight and resist.
Animoca's move is quite interesting, directly targeting retail investors' diversified allocation needs, aiming to make Web3 accessible even to grandmas.
620 projects invested in, sounds impressive, but how many are truly viable? That’s the real key.
Animoca's reverse merger is a bit interesting, but do ordinary investors really need these "allocation tools"? It feels like just another new way to cut the leeks.
Pricing deviation? Honestly, it's just the market being driven by emotions, always the same playbook.
620 investors, that's a bit of an exaggeration. Is Animoca planning to invest across the entire Web3? It seems a bit scattered.
Will it drop in 2025? I feel like they're just creating panic again. Anyway, we should HODL when it's time to HODL.
The year of utility tokens? Sounds good, but it's really about whether the funding can pick up. All talk is useless.
Trump's priority list doesn't include crypto at all. Someone said that long ago. Is this news?
Animoca's approach is quite clever—legalizing fake coins directly, so ordinary people can finally buy the dip openly.
620 investments... how many would need to be lost to break even?
Last year's booking amount of 3.14 billion sounds impressive, but how many actually survived?
The so-called pricing deviation—basically, we've been ripped off again.
Wait, the operation of Animoca's 95% stake feels like opening a back door for retail investors.
620 investment projects? How many of them are just air coins...
The point about pricing deviation is correct; the market just loves to hype concepts without looking at fundamentals.
Web3 configuration tools sound good, but I'm afraid they'll just become another tool for harvesting retail investors.
Animoca's move is quite clever; going public makes it easier to harvest profits.
620 investors? Bro, are you investing or gambling?
Bitcoin going down? Then I'll keep buying the dip, anyway I'm already numb.
The first year of utility tokens? Sounds like another new concept, feels like it will fizzle out.
Animoca's IPO is quite interesting; now retail investors can also play with altcoins... but what about the risks?
620 investments? Sounds impressive, but how many of those who survive can actually make money?
Pricing deviation? Instead of saying the market mispriced, it's more like we're all betting on stories.
This reverse merger tactic just feels a bit off.