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Animoca Brands Eyes $1 Billion Nasdaq Debut Through Reverse Merger
Yahoo Finance·2025-11-04 00:04

Animoca Brands has entered into a non-binding agreement with Nasdaq-listed Currenc Group to pursue a reverse merger, targeting a valuation of approximately $1 billion, with the transaction expected to close by the end of 2026. The Hong Kong-based blockchain developer and crypto investor would see its shareholders collectively own approximately 95% of the combined entity’s issued shares, while existing Currenc shareholders would retain about 5%. The deal marks Animoca’s return to the public markets, follo ...