EasyA has reached a $1.1 billion valuation and is targeting a public listing and tokenized shares in 2027.
The blockchain and AI developer platform has completed two years of audits and wants its shares to be available for on-chain trading from day one.
EasyA, a platform that helps developers build blockchain and artificial intelligence applications, has 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 on Tuesday.
The platform, founded by brothers Philip and Dominic Kwok, plans to pursue a direct public listing, which would allow its existing shareholders to sell their shares without raising new capital through a traditional public offering (IPO).
EasyA has already submitted a draft registration to the US Securities and Exchange Commission (SEC). The company has completed two years of audits by accounting firm PDF and received an independent assessment based on its financial performance and growth prospects. The valuation does not necessarily indicate what investors will pay for EasyA once its shares begin trading.
The planned listing gives public market investors access to a business that helps blockchain networks and artificial intelligence companies attract developers and build applications. It also tests investor appetite for companies that sell the infrastructure and services behind those industries, rather than the cryptocurrencies or AI models themselves.
"Given that we're going public, and we're going public through a direct listing, that means we of course have to have an independent valuation," said Phil Kwak. He explained that the $1.1 billion figure was determined by a third using audited financial statements, operating performance, growth plans and comparisons with publicly traded companies.
EasyA says its app has more than 1.3 million users, from software developers to people who use AI tools to build applications. It works with companies including Ripple and Solana, helping them introduce their technology to developers through training programs and hackathons.
The company also wants its stock to be available in tokenized form, possibly from the first day of public trading.
"It's definitely on the roadmap," said Dominic Kwok, EasyA's co-founder and chief operating officer, of the tokenization plans.
Tokenized shares have attracted the attention of major financial companies. Robin Hood created a blockchain for tokenized stocks, while analysts expect the SEC's work on tokenized securities to open up opportunities for brokers, custodians and blockchain infrastructure providers. EasyA has not yet disclosed how its proposed tokenized shares will be issued or traded.
EasyA is also expanding beyond its developer community through EasyA Labs, which works on tokenization projects and applications involving AI agents.
Walden Yan, who founded Cognition A, the company behind AI coding agent Devin, was among the many developers who participated in its early hackathons, including Consensus 2026 in Hong Kong. Ian stands out among the EasyA ecosystem as his company is valued at approximately $48 billion, following a $2 billion raise led by Andreessen Horowitz and Excel.
EasyA is also expanding through EasyA Labs, which is developing tokenization projects and applications involving AI agents. the
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