EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares

EasyA, a platform that helps developers build blockchain and artificial intelligence applications, reached a $1.1 billion valuation as it prepares to go public in the first half of next year, co-founder and CEO Philip Kwok told CoinDesk in an interview Tuesday. The platform, which was founded by brothers Philip and Dominic Kwok, plans to pursue a direct public listing, which would allow its existing shareholders to sell their stock publicly without the company raising fresh capital through a traditional initial public offering (IPO). EasyA has already submitted a draft registration to the U.S. Securities and Exchange Commission (SEC).