Animoca Brands Plans $1B Nasdaq Listing via Reverse Merger

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Animoca Brands, a leading crypto-native company, plans to list on the Nasdaq through a reverse merger with Singapore’s Currenc Group, aiming for a $1 billion valuation. In 2024, Animoca reported $165 million revenue, mostly from its digital asset advisory and portfolio management business. The merger will give Animoca shareholders about 95% ownership of the combined entity, expected to close in 2026 after approvals. This move opens new growth and investor access opportunities for Animoca’s diverse crypto portfolio.