Observed Signal · Nov 3, 2025 · M&A - Announced · Source: Trending Topics · Impact: 2/5 · Sentiment: Neutral
Animoca Brands Plans Nasdaq Listing via Reverse Merger with Currenc
Animoca Brands, the Singapore-based Web3 company behind The Sandbox, has agreed to a reverse merger with Currenc Group. Currenc will acquire 100% of Animoca Brands' issued shares, with existing Animoca shareholders holding about 95% of the combined entity and Currenc shareholders about 5%. The merged company will be named Animoca Brands and remain listed on the Nasdaq. The transaction is expected to close in 2026, subject to due diligence, shareholder and regulatory approvals. Animoca Brands, led by co-founder Yat Siu, manages a portfolio of over 600 investments, including Ledger, Kraken, and Consensys, and aims to become the world's first publicly traded diversified digital-assets conglomerate. Currenc plans to divest its AI solutions and digital transfer platform before completion. The deal also involves a joint venture for a regulated stablecoin and a partnership with Provenance Blockchain Labs on NUVA.
Not directly related to AdTech/MarTech, but relevant to the blockchain/gaming sector; could impact advertising in virtual worlds and digital asset investments.
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Key Takeaways & Evidence Grounding
- Animoca Brands agrees to a reverse merger with Currenc, which will be listed on the Nasdaq.
- Existing Animoca shareholders will hold approximately 95% of the merged company; Currenc shareholders will hold around 5%.
- The transaction is expected to close in 2026, pending shareholder and regulatory approvals.
- Animoca Brands has a portfolio of over 600 company investments, including Ledger, Kraken, and Consensys.
- Currenc will divest its AI solutions and digital transfer platform before the merger closes.
Connected Companies & Entities
3 Entities mapped“Animoca Brands with headquarters in Singapore has made an agreement that Currenc acquires 100% of the issued shares of Animoca Brands via a ...”
“Investments include stakes in Ledger, Kraken, Igloo, Consensys, Humanity Protocol, and LayerZero....”
“Investments include stakes in Ledger, Kraken, Igloo, Consensys, Humanity Protocol, and LayerZero....”
Ontology Mapping & Concepts
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