Animoca Brands Targets Nasdaq Listing Via Reverse Merger Deal

In a move that could reshape the intersection of crypto and traditional finance, Animoca Brands is preparing to go public in the United States through a reverse merger with Nasdaq-listed fintech firm Currenc Group.

The deal, still in its early stages, would see Currenc acquire all outstanding shares of Animoca, creating a new entity listed under the Animoca Brands name. Following completion, Animoca shareholders are expected to own around 95% of the combined company, leaving Currenc investors with the remaining 5%.

Co-founder Yat Siu described the merger as a strategic leap that could give global investors access to one of the most dynamic sectors in modern finance. The new firm, expected to finalize in 2026, would bring together blockchain, AI, and real-world asset tokenization into what Siu called the world’s first “publicly listed digital assets conglomerate.”

Founded in 2014, the Hong Kong-based Animoca has built a vast investment empire, backing more than 600 startups across gaming, DeFi, decentralized science (DeSci), and artificial intelligence. Siu believes merging with a listed fintech like Currenc will accelerate the company’s long-term vision of bridging blockchain and mainstream finance.

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Currenc Group, founded in 2011 by entrepreneur King Ong Kong, specializes in AI-powered digital payments and cross-border financial infrastructure. In 2024, it processed over 13 million transactions, handling roughly $5.4 billion in payments – credentials that position it as a valuable partner for Animoca’s expansion into regulated markets.

If approved, the merger would mark one of the most significant steps yet in bringing the Web3 economy closer to Wall Street – transforming Animoca from a crypto venture powerhouse into a publicly traded global tech player.