The crypto venture capital titan aims to become the first publicly listed digital asset conglomerate, with plans spanning AI, DeFi, gaming, and real-world asset tokenization.
Animoca to Go Public Through Reverse Merger
Animoca Brands, one of the most prominent venture capital investors in the cryptocurrency and Web3 space, has announced plans to list on Nasdaq through a reverse merger with the AI-focused fintech company Currenc Group.
According to a joint statement released Monday, Currenc has signed a non-binding term sheet to acquire 100% of Animoca Brands’ issued shares via a reverse merger. Following the merger, the new entity will trade under the Animoca Brands name, giving Animoca’s shareholders approximately 95% ownership, while Currenc’s shareholders will hold the remaining 5%.
The companies expect to complete the merger in 2026, positioning the new entity as a Nasdaq-listed global leader in blockchain innovation and digital asset investment.
A Bold Move Toward Public Markets
In a letter to shareholders, Animoca co-founder Yat Siu described the merger as a milestone that would create the “world’s first publicly listed, diversified digital assets conglomerate.”
“The transaction would usher in a new asset class, positioning investors at the forefront of one of the greatest opportunities of our generation,” Siu said.
Post-merger, the company plans to focus on real-world asset (RWA) tokenization, decentralized finance (DeFi), AI, gaming, and decentralized science (DeSci) — fields Siu believes will define the next wave of blockchain adoption.
Animoca’s Expansive Portfolio
Since its founding in 2014, Hong Kong-based Animoca Brands has become one of the largest investors in crypto and blockchain ecosystems, with a portfolio of 628 companies and organizations as of September 30, 2025.
Its investments span across major sectors of the digital economy — from metaverse platforms and NFT infrastructure to Web3 gaming and blockchain analytics firms.
Animoca’s move toward a public listing is seen as a strategic play to unlock liquidity, attract institutional investors, and consolidate its influence over the growing altcoin and Web3 markets.
About Currenc Group
Founded in 2011 by fintech entrepreneur King Ong Kong, Currenc Group specializes in AI-driven financial services, cross-border payments, digital wallets, and data center infrastructure.
According to Siu, Currenc processed over $5.4 billion in transactions in 2024, facilitating more than 13 million cross-border transfers — a track record that could bolster Animoca’s financial infrastructure and regulatory readiness.
The combined company aims to bridge blockchain innovation with regulated financial markets, offering exposure to tokenized assets and AI-powered fintech through a single publicly traded vehicle.
Industry analysts say the deal could pave the way for future crypto-native firms to enter mainstream capital markets through reverse mergers, bypassing traditional IPO challenges.
If completed, the merger would cement Animoca Brands as a cornerstone of the global Web3 economy, giving investors direct access to one of the most extensive blockchain portfolios in existence.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.