In short
- Pudgy Penguins is a popular Crypto-Native IP-IP that started from NFTS and is extensive to toys, games and more.
- CEO Luca Netz told Decrypt That he hopes to make the company public within two years.
- In addition to NFTs on Ethereum, the brand has launched a meme coin, Pengu, on Solana.
Pudgy Penguins is on schedule to clock a record of $ 50 million in income this year, according to the CEO Luca Netz-the highlight of an many years of play to plead the popular IP about the corners of the world, which is usually uncleared by Walmart, including large retailers and even large retailers and even large retailers and even large retailers and even large retailers and even large retailers.
But Netz is already looking ahead to the Mars of Pudgies at an even larger and much more lucrative arena in the next two years: Wall Street.
In an interview with DecryptNetz said that by 2027 he would like to see shares of Pudgy Penguins act on a public stock exchange.
‘I would like it [go public] In the next two years, “he said, adding that a timeline for the potential public list depends on Pudgy’s revenue growth.” I think if we are not IPO IPO in myself in the coming two years. ‘
And if it doesn’t come to that deadline, “keep me responsible,” Netz said.
The goal of Pudgy to become public comes as the fixed experiments with different business verticals in the midst of an IPO revival in the US that has in particular pumped huge amounts of capital to technology companies.
More than 220 companies have included their shares at public fairs years to date, an increase of almost 90% compared to the 117 companies that debuted on the US stock market in the first eight months of 2024, according to To markets research website Stockanalysis.com.
In the midst of that IPO rehearsal, various digital assets companies jumped into the fight and have requested to become public when US President Donald Trump Ratchets back the federal regulations for industry.
Stablecoin Emittent Circle revealed his blockbuster IPO at the beginning of June, with more than $ 1 billion in profit. Only two months later Crypto Exchange Bullish debuted the New York Stock Exchange, while competitors Gemini and Kraken are preparing to follow the example.
Pudgy tries to take advantage of the growing public interest in digital asset-linked companies by working with financing experts to make Pudgy Penguins and the associated decentralized Token Pingu more accessible to retail and institutional investors.
Earlier this year, the company has the proposal from the Canary Capital company manager to make a grant -related fund debut that the prices of the Pengu Meme Coin and Pudgy Penguins NFTS will follow. More recently, the Pudgy team was in conversation with public companies to keep Pengu on their balance sheets – the results of which could play in the next three months.
“The understanding of traditional finances just makes me super enthusiastic,” Netz said. “There is so much more capital inflow and accessibility.”
To this end, the Pudgy Team, which maintains its headquarters in Miami, is considering spending more time in New York, the heart of the public markets.
“Every time I and a few other boys from the company go there, we will be done in two days that would bring us five days here,” Netz said. “Every day, every hour, every minute counts, and New York just moves at an incredible pace that I think is super needed if you want to win.”
Not a public list? No problem
Although it is unclear whether Pudgy will be able to invest in an IPO for an IPO for an IPO by the end of 2027, there is already a lower crowds and the riskier alternative that could enable traders to invest in pudgy penguins without all regulatory requirements: the shares token.
Asked if Pudgy Penguins could soon be the shares of his shares to trade to act on an on-chain stock platform such as Xstocks, Netz said: “I can’t talk about this, but you are going to get a very smart rabbit hole.
However, one thing he can share is that the NFT project will remain selective about who it works with, because it is looking for ways to feed its growth.
“There is a lot of cheap, grim, dirty capital there,” said Netz. But he added: “I am full of interest in doing this stuff with the greatest and the best … with the boys [for whom] If it’s not a billion dollars, it doesn’t move the needle for them. “
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