Animoca Brands Plans Nasdaq Listing Through Reverse Merger
Animoca Brands Executive Chairman Yat Siu
Photographer: Bryan van der Beek/BloombergAnimoca Brands, the Hong Kong-based crypto investor and blockchain developer, plans to go public on the Nasdaq stock exchange through a reverse merger with Currenc Group Inc.
After the transaction, which is expected to close in 2026, Animoca shareholders will own about 95% of the new entity’s issued shares, the companies said in a statement on Monday. Those investors include Kingsway Capital, 50T Funds and SoftBank, Executive Chairman Yat Siu said in an interview.