EXCLUSIVE: Animoca's Public Market Ambition Aims at Providing Crypto Access to 'Billions'
Summary
Animoca Brands co-founder Yat Siu announced the company's intention to list on Nasdaq through a reverse merger with Currenc Group, aiming to create a vehicle that grants institutional and retail investors access to a basket of 'institutionally ready altcoins.' Siu views this as a way to provide exposure to the quarter of the crypto market represented by these altcoins, which he believes have significant growth potential but are difficult for investors to pick individually. Animoca's portfolio spans over 600 companies in fields like Web3 gaming and tokenization. The proposed listing process is expected to take nine to 12 months, targeting a late 2026 debut, with the ultimate goal of democratizing access to the broader cryptocurrency market for the billions who currently only access traditional markets.
(Source:CoinDesk)