BREAKING: Animoca Brands Files For Nasdaq Listing
Animoca Brands is pursuing a Nasdaq listing through a reverse merger with Singapore-based Currenc Group (CURR).Summary
Animoca Brands has announced it is filing for a Nasdaq listing via a reverse merger with the Singapore-based company, Currenc Group (CURR). Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, expressed enthusiasm for the potential transaction, stating they would be thrilled to collaborate with Currenc to achieve the listing. The deal is anticipated to close in 2026, pending regulatory and shareholder approvals. This move follows a period where Animoca's Digital Assets Advisory unit generated $165 million in 2024 (a 116% increase), surpassing revenue from its traditional Web3 gaming and NFT business, which saw a 40% decline to $110 million. Shares of CURR have recently shown significant gains, up 118% in the last five days.
(Source：CoinDesk)