The post Animoca Brands Plans Nasdaq Listing Through Currenc Merger appeared on BitcoinEthereumNews.com. Key Points: Animoca Brands aims for Nasdaq listing through reverse takeover. Shareholders to control 95% post-merger. Merger expected to complete by 2026. Animoca Brands co-founder Yat Siu has announced a planned reverse takeover of Nasdaq-listed Currenc Group Inc., aiming to list Animoca on Nasdaq, granting shareholders 95% ownership of the new entity. This strategic move signifies a notable advancement for Animoca into public markets, promising to potentially enhance investor trust and drive substantial market interest. Animoca Brands’ Strategic Move to Nasdaq Animoca Brands, a prominent name in the blockchain and gaming industry, seeks to achieve a public listing on Nasdaq. Through a reverse takeover, Animoca plans to merge with Currenc Group Inc., a fintech listed on Nasdaq. Upon completion, Animoca Brands’ shareholders will own approximately 95% of the merged entity. This strategic move is designed to strengthen Animoca’s institutional presence in the market. Animoca Brands proposes reverse merger, details in chairman’s letter Currenc Group’s stock has seen a significant increase, rallying nearly 99% as the market expects an upcoming merger. This illustrates the financial confidence placed in the potential growth of the combined company, pending regulatory approvals. Yat Siu, co-founder of Animoca, expressed enthusiasm over this move, describing it as a crucial step toward engagement with institutional investors. Meanwhile, Currenc’s CEO Alex Kong called the merger a significant milestone, highlighting its potential to expand market presence. “We are thrilled to announce that Animoca Brands has taken another important step to bolster its institutional strength by entering into a non-binding Letter of Intent to undertake a reverse merger with Currenc, a Nasdaq-listed fintech innovator…” – Yat Siu, Animoca Brands Animoca Brands files for $100 million IPO with US valuation Reverse Mergers in Crypto: A Growing Trend Did you know? Reverse mergers in the crypto industry have gained traction since the Core… The post Animoca Brands Plans Nasdaq Listing Through Currenc Merger appeared on BitcoinEthereumNews.com. Key Points: Animoca Brands aims for Nasdaq listing through reverse takeover. Shareholders to control 95% post-merger. Merger expected to complete by 2026. Animoca Brands co-founder Yat Siu has announced a planned reverse takeover of Nasdaq-listed Currenc Group Inc., aiming to list Animoca on Nasdaq, granting shareholders 95% ownership of the new entity. This strategic move signifies a notable advancement for Animoca into public markets, promising to potentially enhance investor trust and drive substantial market interest. Animoca Brands’ Strategic Move to Nasdaq Animoca Brands, a prominent name in the blockchain and gaming industry, seeks to achieve a public listing on Nasdaq. Through a reverse takeover, Animoca plans to merge with Currenc Group Inc., a fintech listed on Nasdaq. Upon completion, Animoca Brands’ shareholders will own approximately 95% of the merged entity. This strategic move is designed to strengthen Animoca’s institutional presence in the market. Animoca Brands proposes reverse merger, details in chairman’s letter Currenc Group’s stock has seen a significant increase, rallying nearly 99% as the market expects an upcoming merger. This illustrates the financial confidence placed in the potential growth of the combined company, pending regulatory approvals. Yat Siu, co-founder of Animoca, expressed enthusiasm over this move, describing it as a crucial step toward engagement with institutional investors. Meanwhile, Currenc’s CEO Alex Kong called the merger a significant milestone, highlighting its potential to expand market presence. “We are thrilled to announce that Animoca Brands has taken another important step to bolster its institutional strength by entering into a non-binding Letter of Intent to undertake a reverse merger with Currenc, a Nasdaq-listed fintech innovator…” – Yat Siu, Animoca Brands Animoca Brands files for $100 million IPO with US valuation Reverse Mergers in Crypto: A Growing Trend Did you know? Reverse mergers in the crypto industry have gained traction since the Core…