Animoca Brands to IPO via Nasdaq Reverse Merger in 2026
Animoca Brands plans a Nasdaq listing via a reverse merger with AI-focused fintech Currenc Group, targeting a 2026 close. Under the term sheet, Currenc will acquire 100% of Animoca’s shares; post-merger, Animoca shareholders will own 95% of the combined firm. The deal creates the first publicly traded diversified digital assets group, leveraging Animoca’s portfolio of 628 companies in DeFi, AI, gaming, tokenization and blockchain applications. Currenc, founded in 2011, processed over $5.4 billion and 13 million cross-border transactions in 2024. This reverse merger on Nasdaq will boost Animoca’s global growth and offer traders direct exposure to the altcoin economy.
Bullish
In the short term, the announcement of Animoca Brands’ planned Nasdaq reverse merger could spark speculative buying interest among investors seeking exposure to digital asset stocks. The reverse merger structure leverages Currenc’s existing Nasdaq status to expedite listing, minimizing regulatory delays. Over the long term, a public listing will enhance Animoca Brands’ access to institutional capital, increase liquidity and valuation support for its diversified digital assets portfolio. Heightened transparency and growth potential are likely to attract more investment, underpinning a bullish market outlook.