Animoca Brands puts IPO plan on hold after suspending merger talks with Currenc (CURR)
Summary
Animoca Brands suspended talks with Currenc Group over a proposed reverse merger that would have given Animoca a Nasdaq listing and 95% ownership of the combined company. The firms said their timelines for completing the deal no longer aligned. Animoca said it remains committed to pursuing a public listing through other routes. Its business spans digital assets, gaming and advisory services.
