Pudgy Penguins CEO: Plans to complete Pudgy Penguins IPO within two years

ChainCatcher news, according to Decrypt, Pudgy Penguins is planning to achieve an initial public offering (IPO) by 2027.

According to its CEO Luca Netz, the company is expected to achieve a record revenue of $50 million this year and has begun collaborating with financial experts to make its PENGU tokens and NFTs more accessible to retail and institutional investors.

Netz stated, "If we can't IPO in the next two years, I will be disappointed in myself, and I ask everyone to hold me accountable." Additionally, the company is considering tokenized stocks as an alternative, allowing investors to participate in investments on a blockchain trading platform.