Animoca Brands delays IPO plans, suspends merger talks with Currenc

Acquisitions

▤ Summary

Animoca Brands has paused reverse merger talks with Currenc Group after the two sides said their timelines did not match. The proposed deal would have listed Animoca on Nasdaq and given it a 95% stake in the combined company. Animoca said it still plans to pursue a public listing on a major exchange. The company’s business spans DeFi, AI, NFTs, gaming, and advisory services, which keeps the story relevant to software and digital asset markets.

◇ AskAI Classifications

Sectors
No sectors detected
Functions
Developer and IT Infrastructure Development Platforms

▦ Linked Companies

Animoca Brands
$10M to $25M