According to Decrypt, Pudgy Penguins is planning an initial public offering (IPO) by 2027. According to CEO Luca Netz, the company is on track to achieve record revenue of $50 million this year and has started working with financial experts to make its PENGU token and NFT more accessible to retail and institutional investors.
Netz said: "If we can't IPO in the next two years, I will be disappointed in myself, please hold everyone accountable at that time." In addition, the company is considering tokenized shares as an alternative, allowing investors to participate in the investment on the chain trading platform.
Pudgy Penguins CEO: Start working with financial experts, plan IPO within two years
2025-08-25 00:22:26
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