UPDATE: Currenc Group Inc. has just announced a groundbreaking proposal for a reverse merger with Animoca Brands Corporation Limited, aiming to establish the world’s first publicly-listed digital assets conglomerate. This urgent development, confirmed earlier today, will significantly reshape the digital asset landscape.
The proposed merger, disclosed on November 3, 2025, is set to allow Currenc to acquire 100% of Animoca Brands’ issued shares. If successful, the merger will create a Nasdaq-listed entity that will dominate the digital asset sector with a global growth strategy, spanning digital asset investments, real-world asset tokenization, and blockchain applications for consumers and institutions alike.
Under the proposed structure, shareholders of Animoca Brands will collectively own approximately 95% of the new entity, while existing Currenc shareholders will retain about 5%. This ratio underscores Animoca’s significant influence in the merged company. Currenc plans to implement a dual-class share structure to facilitate the transaction, and the merged entity is expected to operate under the Animoca Brands name.
Both companies are targeting a closing date in 2026, pending shareholder and regulatory approvals. The urgency of this merger reflects the rapidly evolving digital asset market, and it is designed to position the new entity as a leader in a trillion-dollar economy.
Yat Siu, Co-founder and Executive Chairman of Animoca Brands, stated, “This merger will provide investors on Nasdaq direct access to the growth potential of the trillion-dollar altcoin digital economy through a diversified vehicle spanning DeFi, AI, NFTs, gaming, and DeSci.”
The merger comes as Animoca Brands continues to be recognized as a global leader in the digital asset ecosystem, boasting a robust portfolio of over 600 companies across various sectors, including decentralized finance and blockchain infrastructure. The company’s digital treasury includes notable assets like BTC, ETH, and SOL, as well as investments in top-tier firms such as Ledger and Kraken.
Alex Kong, Founder, CEO, and Executive Chairman of Currenc Group, emphasized the merger’s potential, stating, “This represents a milestone for Currenc. We are excited to facilitate this evolution, which will unlock significant value for our shareholders and create a stronger position in the digital economy.”
As part of the merger, Currenc plans to divest some existing business operations, including its AI-powered solutions for financial institutions. These operations are expected to be spun off to current shareholders prior to the merger’s completion, allowing the new entity to focus on its core digital asset strategy.
The merger will be executed through an Australian scheme of arrangement, subject to necessary due diligence and customary closing conditions, including stock exchange approvals and financial reporting.
This proposed merger is a critical moment for both companies and the digital asset sector as a whole. Investors and industry observers are keenly watching how this deal unfolds, as it could signal a new era of investment opportunities in the rapidly growing digital economy.
Stay tuned for further updates as this story develops.
