Currenc Group to Acquire Animoca Brands in Proposed Nasdaq Deal

Reuters11-03

Currenc Group to Acquire <a href="https://laohu8.com/S/AB1.AU">Animoca Brands</a> in Proposed Nasdaq Deal

Currenc Group Inc. has entered into a non-binding term sheet with Animoca Brands Corporation Limited for a potential transaction in which Currenc would acquire 100% of Animoca Brands' issued shares. Upon completion, the combined entity is expected to be listed on Nasdaq and operate under the Animoca Brands name, with Animoca Brands shareholders owning approximately 95% of the resulting company and Currenc shareholders holding about 5%. The new entity will focus on digital asset investments, real-world asset tokenization, and blockchain applications for consumers and institutions. Prior to closing, Currenc plans to spin off some of its existing business operations to its current shareholders. The transaction is expected to close in 2026, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currenc Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9567037-en) on November 03, 2025, and is solely responsible for the information contained therein.

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