Animoca Brands Targets Nasdaq Listing Via Reverse Merger Deal
Animoca Brands is poised to make a significant leap into traditional finance through a reverse merger with Nasdaq-listed Currenc Group. The deal, still in early stages, WOULD see Currenc acquire all outstanding shares of the Hong Kong-based blockchain giant, creating a new entity under the Animoca Brands name. Shareholders of the crypto-focused firm are expected to own approximately 95% of the combined company.
Co-founder Yat Siu frames the merger as a gateway for global investors to access one of finance's most dynamic sectors. The newly formed conglomerate—slated for completion in 2026—aims to integrate blockchain technology, artificial intelligence, and real-world asset tokenization under a single public listing.
Since its 2014 founding, Animoca has amassed an empire spanning 600+ investments across gaming, DeFi, and AI. The Currenc merger accelerates its vision of bridging decentralized technologies with mainstream capital markets. The fintech counterpart brings specialized expertise in AI-powered cross-border payments, founded in 2011 by entrepreneur King Ong Kong.