Animoca Brands Targets Nasdaq Listing Through Reverse Merger

Animoca Aims for Wall Street Entry

Crypto venture giant Animoca Brands is preparing for a Nasdaq debut through a reverse merger with AI-focused fintech Currenc Group.

According to a joint statement, Currenc will acquire 100% of Animoca’s shares via a reverse merger, with the combined company listed under the Animoca Brands name. The deal is expected to close in 2026.

Majority Ownership and Global Expansion

Animoca shareholders will control about 95% of the new entity, while Currenc investors will hold the remaining 5%, according to co-founder Yat Siu. The merger will create a Nasdaq-listed conglomerate focused on crypto ventures, AI, and tokenized real-world assets.

A New Digital Asset Powerhouse

Siu described the merged company as the world’s first diversified digital assets conglomerate, spanning DeFi, gaming, AI, and decentralized science (DeSci). He said the move opens the door to a “new asset class” for global investors.

Animoca’s Expanding Empire

Founded in 2014 in Hong Kong, Animoca now holds stakes in 628 companies, making it one of crypto’s largest VC forces. Meanwhile, Currenc, led by fintech entrepreneur King Ong Kong, processed over $5.4 billion in transactions last year.

(Footing: Reverse merger = a private company becoming public by acquiring a listed company.)