29 Nov
29Nov

Animoca Brands, the Hong Kong-based blockchain and gaming powerhouse, is planning a major move to list on the Nasdaq exchange in 2026 through a reverse merger with Currenc Group Inc.

The deal is valued at approximately $1.00 billion, and upon completion, Animoca will hold 95% ownership of the combined entity, securing direct access to US capital markets.

Strategic Drivers for the Nasdaq Listing:

  • Regulatory Clarity: Animoca's CEO of Investments, Robby Yung, cited the improved regulatory clarity in the U.S. as a pivotal factor driving the decision to seek a listing.
  • Diversification and Growth: The company, led by Robby Yung and Yat Siu, intends to use the increased access to capital to expand its investment focus significantly beyond gaming into emerging sectors like Artificial Intelligence (AI), Decentralized Finance (DeFi), and stablecoins by 2026.
  • Market Impact: Keyvan Peymani emphasized Animoca’s commitment to fostering diversity in investment portfolios. This development is viewed by stakeholders as a robust step toward greater market diversification and is expected to positively impact the company's valuation.

The move represents a significant step for Animoca Brands, leveraging clearer regulatory environments to boost its investment capacity and expand its presence across the Web3 ecosystem.

November 2025, Cryptoniteuae

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