Overview
- Both companies announced the pause on Tuesday, Sept. 22, 2026, saying the projected closing timeline no longer matched their short- and medium-term plans.
- Under the original November 2025 term sheet, Animoca shareholders would have owned about 95% of the combined company, but no binding agreement was reached before exclusivity expired.
- Animoca is continuing work on its fiscal 2024 audited accounts and other compliance steps that the company says are required for a return to a major public exchange.
- Currenc will press ahead with its tokenization and AI/fintech work, including its April tokenization of its own Nasdaq-listed shares and a consulting deal to help Mint Incorporation tokenise part of its Class A shares.
- The pause frees Currenc to seek financing and lets both firms revisit a deal if market conditions and priorities change, with the broader story set against increased interest in tokenized real-world assets and cross-border regulatory hurdles for listings.