US EditionCurrenc Group Announces Proposed Reverse Merger with Animoca Brands Corporation Limited - Currenc Group (NASDAQ:CURR)
Animoca Brands will control 95% of the merged entity, aiming for Nasdaq listing with a 2026 close, focusing on digital assets, tokenization, and blockchain applications.
- On Nov. 03, 2025, Currenc Group Inc. announced it entered a non-binding term sheet to acquire 100% of Animoca Brands Corporation Limited via reverse merger targeting a Nasdaq listing.
- Animoca Brands Corporation Limited said the Potential Transaction is compelling and entered due diligence, while Currenc Group Inc. intends to divest some AI and remittance operations to refocus the combined business and plans a New York, U.S. office.
- Under the proposed structure, shareholders would collectively own approximately 95% for Animoca Brands and 5% for Currenc, and deal governance includes a dual‑class share structure with nominees from both companies.
- Both companies agreed to a three‑month exclusivity period to finalise terms, with certain Currenc operations expected to be spun off to Currenc's current shareholders before closing.
- Animoca Brands' treasury includes BTC, ETH, SOL, and over 600 companies, with its Digital Assets Advisory unit earning $165 million in 2024, exceeding Web3 gaming revenue.
23 Articles
23 Articles
Currenc Group Announces Proposed Reverse Merger with Animoca Brands Corporation Limited - Currenc Group (NASDAQ:CURR)
SINGAPORE, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Currenc Group Inc. (NASDAQ:CURR) ("Currenc" or the "Company"), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it has entered into a non-binding term sheet (the "Term Sheet") with Animoca Brands Corporation Limited ("Animoca Brands") in relation to a potential proposal for Currenc to acquire 100% of Animoca Brands' issued …
Planned merger is to create the world's first publicly listed Digital Assets conglomerate Currenc Group Inc. (Nasdaq: CURR) ("Currenc" or the "Company"), a fintech pioneer that supports financial institutions worldwide with solutions based on Artificial Intelligence (AI), today announced that there is a non-binding memorandum of understanding ("Term Sheet") with Animoca Brands Corporation Limited ("Animoca Brands") in view of a
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