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Animoca Brands Plans $1B Nasdaq Listing via Reverse Merger

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Sohrab Khawas

Animoca Brands, a leading crypto-native company, plans to list on the Nasdaq through a reverse merger with Singapore’s Currenc Group, aiming for a $1 billion valuation. In 2024, Animoca reported $165 million revenue, mostly from its digital asset advisory and portfolio management business. The merger will give Animoca shareholders about 95% ownership of the combined entity, expected to close in 2026 after approvals. This move opens new growth and investor access opportunities for Animoca’s diverse crypto portfolio.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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