TL;DR
- The largest publicly traded esports group is NIP Group, which has a market cap of $125 million.
- It was shaped in 2023 as a merger between Ninjas in Pajamas and ESV5.
- Different publicly traded esports groups embrace GameSquare Holdings, OverActive Media, and Fanatic Gaming Holdings.
- You may spend money on any esports crew that’s obtainable on world inventory exchanges, however you must do your analysis first.
- Most of the most worthwhile esports groups are but to publicly commerce, and it’s not clear whether or not they ever will.
Success within the fiercely aggressive esports world doesn’t come low cost. The annual invoice for participant salaries, journey, and different prices can simply run into seven figures.
Because of this high esports groups have to both win tournaments often or have affected person monetary backers with very deep pockets.
Another is floating the enterprise on the inventory market. This is not going to solely improve its public profile but additionally generate funds from promoting shares to traders.
Fanatic Gaming grew to become the primary publicly traded firm to personal an esports crew in 2018, adopted by Astralis the next 12 months and Guild Sports activities in 2020. Others rapidly adopted.
Nonetheless, the esports trade generally is a powerful atmosphere, which has seen some groups affected by monetary considerations and altering enterprise fashions.
A string of well-known quoted esports teams have already disappeared during the last couple of years, whereas the share costs of others have struggled.
Right here we identify the most important esports groups whose shares can be found to traders and study the prospects for distinguished homeowners.
We additionally spotlight the most well-liked esports groups that aren’t publicly traded, have a look at how one can spend money on the sector, and reveal essentially the most influential developments.
The largest publicly traded esports groups in 2025
There aren’t many esports groups which might be publicly listed. Whereas a dozen quoted corporations had been concerned just some years in the past, it’s now all the way down to a relative handful.
Even these which might be nonetheless on world inventory exchanges have seen their share costs fall as a result of financial downturn and considerations over longer-term profitability.
Right here is our esports crew record of the primary quoted corporations world wide which might be presently operating aggressive esports groups.
Essentially the most helpful traded esports groups
Here’s a record of the quoted corporations with the biggest market capitalisations, as of Could 27, 2025. For ease of comparability, we now have transformed all of the figures into US {dollars}.
Place | Title | Market cap |
---|---|---|
1 | NIP Group | $125 million |
2 | GameSquare Holdings | $ 30.81 million |
3 | OverActive Media | $ 24.67 million |
4 | Fanatic Gaming Holdings | $ 10.34 million |
5 | ESE Leisure | $ 4.06 million |
For these the place to spend money on esports shares, here’s a extra detailed have a look at every of the primary listed corporations.
NIP Group

Ninjas in Pyjamas was one of many authentic professional esports groups that began working in 2000, through the early days of Counter-Strike.
Its mum or dad firm, NIP Group, additionally operates eStar Gaming, a cellular esports model that was based in China again in 2014.
NIP went public in July 2024 in an IPO valued at round $20 million. It presently trades on the Nasdaq beneath the ticker ‘NIPG’.
Sadly, its inventory efficiency has been disappointing. The share value has fallen nearly 90% from $10.80 to only $1.32 on the time of writing.
GameSquare Holdings

Final 12 months’s buy of FaZe Clan helped cement US-based GameSquare as a significant participant amongst public esports groups.
FaZe Clan was recognized for the groups operated in widespread video games resembling Rocket League, Name of Obligation, and Tom Clancy’s Rainbow Six Siege.
The deal additionally resulted in GameSquare selling its existing team, Complexity Gaming, to World Esports Portfolios, an investor group.
GameSquare presently trades on each the Nasdaq Capital Market and TSX Enterprise Trade beneath the ticker ‘GAME’.
Its shares on the Nasdaq had been buying and selling at US$0.79 in late Could 2025, which is considerably decrease than the US$1.3 degree of a 12 months in the past.
OverActive Media

The Canadian firm’s skilled esports groups embrace Toronto Extremely, which is thought for its prowess in Name of Obligation.
The corporate went public on July 14, 2021, after a merger with Abigail Capital Company, a capital pool firm listed on the Toronto Enterprise Trade (TSXV).
Its shares, which commerce beneath the ticker image ‘OAM’, had been initially valued at CAD$2.25 every on the time however have endured a difficult few years.
On the time of writing, shares had been buying and selling at CAD$0.26. This implies they’re up 13% because the begin of the 12 months however down 86.1% since going public.
Fanatic Gaming Holdings

Its manufacturers embrace Luminosity Gaming, which has solid a popularity for having profitable groups in video games resembling Fortnite, Name of Obligation, Apex Legends, and Counter-Strike.
The corporate additionally operates Vancouver Surge in partnership with Canucks Sport & Leisure. The crew, beforehand often called Seattle Surge, competes in Name of Obligation.
Fanatic went public in 2018. It’s listed on the Toronto Inventory Trade, the place its shares are traded beneath the ticker ‘EGLX’. It was on the Nasdaq however delisted in October 2023.
On the time of writing, the corporate’s EGLX shares had been price CAD$0.06. They’ve misplaced greater than half their worth because the begin of 2025.
ESE Leisure

The leisure and expertise firm was based in 2019 by Konrad Wasiela, a former Canadian skilled soccer participant. It went public in August 2020.
Just a few months later, it entered into an asset buy settlement with Pedro Fernandes, proprietor of the K1CK Esports Membership.
K1CK was based within the late Nineties. It has solid a popularity in video games resembling Counter-Strike, League of Legends, and FIFA.
ESE presently trades on the TSX Enterprise Trade beneath the ticker ‘ESE’ and on the OTCQX market beneath ‘ENTEF’.
ESE inventory was buying and selling round CAD$3 at its peak in early 2021, however on the time of writing, shares are priced at simply CAD$0.05. Over the previous 12 months, they’ve misplaced nearly 55% in worth.
Esports groups that don’t but commerce publicly

Most of the most worthwhile esports groups aren’t publicly traded. This implies you could’t purchase shares in these companies no less than in the interim.
These organisations typically have rich, well-known backers and have proved themselves to achieve success with out the necessity for additional fundraising.
Staff Liquid, which was established again in 2000 and fields groups in 15 esports, has amassed the highest earnings of $54 million.
The privately owned funding agency aXiomatic purchased a controlling curiosity in Staff Liquid again in September 2016.
On the time of writing, no esports groups are being rumoured to drift on inventory markets, though this may increasingly change because it’s a fast-moving sector.
The second-highest-earning crew is OG Esports. That is one other personal operation that was based a decade in the past by Johan ‘n0tail’ Sundstein.
It was initially recognized for its profitable Dota 2 Roster, however over time has established a presence in a number of esports divisions.
Methods to spend money on esports groups
Buyers who’ve a ardour for this space are prone to ask the identical query: are any esports groups publicly traded? The reply is sure.
Whereas it’s not attainable to spend money on all esports groups, you will get entry to these whose shares are listed on world inventory exchanges.
So, what do these how one can spend money on esports shares have to know? Listed here are some key factors to assist kickstart an funding journey.
- Be clear in your targets
- Take into account your threat urge for food
- Determine in your strategy
- Set up the perfect route
- Monitor your positions
Be clear in your targets
Determine what you’re hoping to realize by investing. For instance, are you eager to financially again a selected crew or board publicity to esports shares?
As that is prone to be an unpredictable space, it is sensible to solely have publicity as a part of a diversified portfolio.
Take into account your threat urge for food
Are you able to afford to speculate? Are you relaxed about inventory market volatility, or will even momentary drops within the inventory value offer you sleepless nights?
The golden rule is to by no means make investments what you’ll be able to’t realistically afford to lose, as the worth of your holding could fall.
Determine in your strategy
It’s worthwhile to perform analysis. Set up which esports groups are publicly traded and see how their share costs have carried out.
You’ll additionally have to resolve if their outlook is constructive, primarily based on a mixture of analysts’ views and your individual opinions.
Set up the perfect route
There are quite a few brokerages obtainable via which you should purchase particular person shares. Many of those are on-line, so do your analysis to see which one is most fitted.
It’s possible you’ll desire to go for Trade Traded Funds (ETFs), which spend money on a ‘basket’ of comparable shares. This can assist scale back your threat.
Monitor your positions
Deciding the place and how one can make investments is simply step one. You need to frequently monitor your holdings to make sure your chosen investments nonetheless meet your wants.
Nonetheless, keep away from making knee-jerk selections and make sure you perceive why a inventory has risen or fallen in worth earlier than slicing it out of your portfolio.
Predicted esports buying and selling developments
It’s helpful to think about the newest esports developments earlier than deciding whether or not or to not make investments on this space. Right here we spotlight among the most related professionals and cons.
Buyers in corporations operating esports groups have had a reasonably depressing time over the previous couple of years, particularly in the event that they purchased into the inventory when it went public.
Our evaluation of share value actions reveals that a lot of them have misplaced round 80% of their worth, and this might be all the way down to various elements.
Demand for the inventory being overvalued from the beginning might be one purpose, in addition to analyst considerations over prices and income streams.
Unfavourable market sentiment, low investor confidence, broader financial issues, and geopolitical considerations have additionally weighed closely on valuations.
Hovering world progress
The worldwide esports market was valued at US $2 billion in 2023 however is anticipated to be price $5.5 billion by 2029, based on evaluation by Research and Markets.
Nonetheless, it’s price mentioning that this implies your entire market, together with streaming platforms and video games, slightly than simply aggressive esports groups.
The evaluation suggests the Asia Pacific area, led by China, Korea, and Japan, will drive demand resulting from sturdy gaming cultures, funding, and big fan bases.
Potential within the Center East
The Center East has been branded “one of the crucial promising progress markets for esports organisations” in a report from PwC, the skilled companies enterprise.
Specifically, it highlights the potential of Saudi Arabia, which has a “younger, tech-savvy inhabitants” and powerful authorities help for the sector.
In accordance with the examine, publishers can unlock the total potential of the area by designing video games tailor-made for aggressive play and constructing vibrant esports ecosystems.
Transformative stay streaming
The rising pattern of stay streaming is “considerably reworking” the esports trade, based on analysis from Grand View Research.
This has led to an growing variety of avid gamers and followers partaking with content material on platforms resembling Twitch and YouTube, which extends viewers attain.
The report additionally claimed that substantial funding from world stakeholders was serving to to gasoline the esports ecosystem’s improvement.
“Enterprise capitalists, media corporations, and main manufacturers recognise the profitable potential of esports and are investing in infrastructure, content material creation, and expertise improvement,” it added.
Conclusion
It’s attainable to spend money on publicly traded esports corporations, however there are potential pitfalls. The primary one is the chance of dropping cash.
Sadly, the share costs of listed companies have fallen dramatically during the last couple of years, and there’s no assure that they are going to get well.
Nonetheless, this stays a fast-growing, thrilling space with a great deal of potential from increasing into new markets and attracting each funding and esports sponsorships.
Buyers will hope that continued esports trade progress will end in share costs rising over the following few years, however you’ll have to make your name.
FAQs
Sure. Some are publicly traded, however the efficiency of many e-gaming shares
have been extraordinarily poor over the previous couple of years. Quite a few beforehand quoted corporations have additionally delisted.
Would-be traders could ask: Does esports have a inventory? Whereas there isn’t one inventory, you should purchase shares in sports activities groups. Nonetheless, you’ll have to resolve if it is a smart transfer primarily based in your funding goals and angle to threat.
Staff Liquid has been the most financially successful with complete prize earnings of virtually $55 million, based on Esports Earnings.
Fanatic Gaming was the primary esports crew proprietor to go public when it accomplished a reverse merger in 2018. Astralis was the primary to go public by way of a standard IPO in late 2019, whereas Guild Esports was the primary such firm to be admitted to the London Inventory Trade in 2020.
References
- https://www.enthusiastgaming.com/wp-content/uploads/2023/10/EGLX-Nasdaq-Delisting-FAQs.pdf (Fanatic Gaming)
- https://www.researchandmarkets.com/reports/6061708/esports-market-outlook (Analysis and Markets)
- https://www.pwc.com/m1/en/publications/2025/docs/game-publishers-the-cornerstone-of-esports.pdf (PwC)
- https://www.grandviewresearch.com/industry-analysis/esports-market (Grand View Analysis)
- https://www.esportsearnings.com/teams (Esports Earnings)
The submit List of publicly traded esports teams in 2025: Who’s worth the most? appeared first on Esports Insider.