Crypto powerhouse Animoca Brands sets sights on Nasdaq via reverse merger

Crypto venture capital giant Animoca Brands is planning to list on the Nasdaq exchange in 2026 via a reverse merger with the AI-focused public fintech company, Currenc Group. Currenc has signed a non-binding term sheet to acquire 100% of Animoca's shares, resulting in Animoca shareholders collectively owning approximately 95% of the merged entity. The resulting publicly-listed company aims to be the world's first diversified digital assets conglomerate, spanning sectors like crypto investments, RWA tokenization, DeFi, AI, gaming, and DeSci. Animoca co-founder Yat Siu stated this move positions investors at the forefront of a major generational opportunity. Currenc Group, founded in 2011, specializes in AI-driven financial services, processing over $5.4 billion in 2024.

(Source：Cointelegraph)