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Crypto Giant Animoca Brands Eyes Nasdaq Debut via Reverse Merger
Yahoo Finance· 2025-11-03 15:55
Animoca Brands plans to go public on the Nasdaq via a reverse merger, the Hong Kong-based metaverse investment firm and crypto game publisher said in a blog post on Monday. The firm, which was valued at $6 billion in 2022, said it would merge with fintech Currenc Group, which trades under the ticker symbol CURR. The firm’s shares dropped 19% to $3.05 on Monday, but were up 61% over the past five trading days, according to Yahoo Finance. The merger is expected to close in 2026, which would result in “the wor ...