Overview
- Currenc would acquire 100% of Animoca Brands via a reverse merger to form a Nasdaq-listed vehicle focused on digital assets, real‑world‑asset tokenization, and blockchain services.
- Animoca shareholders would hold about 95% of the combined company and Currenc shareholders roughly 5%, with the entity expected to operate under the Animoca Brands name and adopt a dual‑class share structure.
- Currenc plans to spin off its AI solutions and digital remittance operations to its current shareholders before closing.
- The proposed transaction would proceed through an Australian scheme of arrangement and remains subject to due diligence, definitive agreements, multiple shareholder and regulatory approvals, stock exchange clearances, and required financial reporting.
- Animoca has highlighted a diversified treasury and investments across major tokens and crypto firms, while recent disclosures cited $165 million in 2024 revenue from its Digital Assets Advisory unit versus $110 million from gaming and NFTs; CoinDesk reports CURR shares have surged and that Animoca plans a New York office.