Summary
- Animoca Brands said it is pursuing a U.S. Nasdaq listing through a reverse merger.
- The deal is expected to be completed in 2026 after shareholder and regulatory approvals.
- It reported that Currency Group's share price has more than doubled over the past five trading days on the merger news.
Hong Kong-based blockchain company Animoca Brands is pursuing a U.S. Nasdaq listing through a reverse merger with Singapore's Currency Group.
On the 3rd (local time), CoinDesk reported that Animoca Brands is pursuing a Nasdaq listing through a reverse merger with Currency Group. The deal is expected to be completed in 2026 after shareholder and regulatory approvals. In addition, it plans to open a New York office to strengthen its U.S. presence.
Yat Siu (Yat Siu), co‑founder of Animoca Brands, said, "This merger will create the world's first publicly listed digital asset conglomerate," adding, "Investors will be able to directly access the growth potential of the alternative digital economy on a trillion-dollar scale, including DeFi, artificial intelligence (AI), NFTs, gaming, and decentralized science (DeSci)."
Meanwhile, on the merger news, Currency Group's share price has more than doubled over the past five trading days.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
