Pudgy Penguins CEO: Plans to complete Pudgy Penguins IPO and go public within two years

BlockBeats News, August 25th, according to Decrypt, Pudgy Penguins is planning to achieve its initial public offering (IPO) by 2027. According to its CEO Luca Netz, the company is expected to achieve a record-breaking $50 million in revenue this year and has started collaborating with financial experts to make its PENGU token and NFTs more easily accessible to retail and institutional investors. Netz stated, "If we can't IPO within the next two years, I will be disappointed in myself, please hold me accountable at that time." Additionally, the company is considering tokenizing stocks as an alternative, allowing investors to participate in on-chain trading platforms.