Animoca Brands and Currenc plan landmark Nasdaq merger

Image credit: Animoca BrandsBlockchain powerhouse Animoca Brands has entered into a non-binding term sheet with investment company Currenc Group regarding a potential reverse merger.

The proposal would see Currenc acquire 100% of Animoca Brands’ issued shares via an Australian scheme of arrangement. The merged company would operate under the Animoca Brands name, with both parties targeting 2026 for the deal completion.

Strategic Rationale for a Digital Asset Leader

The merger could consolidate Currenc Group’s expertise in AI-driven financial technology with Animoca Brands’ extensive ecosystem of digital asset investments.

Under the proposed terms, Animoca Brands shareholders would receive newly…