Major crypto investor Animoca Brands poised for Nasdaq listing through merger with AI company
Animoca Brands plans a Nasdaq listing next year via a reverse merger with Singapore-based AI fintech Currenc Group Inc.Summary
Major digital asset and web3 investor Animoca Brands is aiming for a U.S. public listing on the Nasdaq next year through a reverse merger with Currenc Group Inc., a Singapore-based artificial intelligence solutions firm. Upon completion, Animoca Brands would own about 95% of the resulting entity, gaining direct access to U.S. investors. Animoca co-founder Yat Siu stated this merger will create the world’s first publicly-listed, diversified digital assets conglomerate, spanning DeFi, AI, NFTs, gaming, and DeSci. Hong Kong-based Animoca, which previously delisted from the Australian Securities Exchange in 2020, holds a significant portfolio of digital assets, including BTC, ETH, SOL, and MOCA, and has made hundreds of minority investments in web3 companies.
(Source：The Block)