Animoca Brands Targets Nasdaq Listing by 2026 Via Reverse Merger
Animoca Brands is planning to list on the Nasdaq stock exchange by 2026 through a reverse merger with Currenc Group Inc. This strategic move is intended to broaden the company's investment focus and enhance its access to capital markets.
The decision to pursue a U.S. listing is driven by improved clarity in U.S. regulatory environments. Animoca Brands aims to diversify its portfolio beyond its established gaming sector into emerging areas such as artificial intelligence (AI) and decentralized finance (DeFi). This diversification is expected to influence investor sentiment and potentially increase the company's overall valuation.
Details of the Merger and Strategic Objectives
The proposed reverse merger with Currenc Group is valued at approximately $1.00 billion. Following the merger, Animoca Brands will hold a 95% ownership stake in the combined entity. This transaction is designed to provide Animoca Brands with direct access to the Nasdaq, thereby strengthening its capacity for investment and expansion.
Robby Yung, CEO of Investments at Animoca Brands, highlighted the significance of regulatory clarity in the United States as a key factor enabling this market entry. Keyvan Peymani emphasized Animoca Brands' dedication to promoting diversity within investment portfolios.
While specific reactions from prominent figures in the cryptocurrency space have not yet been widely reported, industry observers generally view this development as a positive step towards greater market diversification for Animoca Brands.
"We see a huge opportunity to lean into regulatory clarity and pursue a listing in the US."
Robby Yung, CEO of Investments, Animoca Brands
The Role of Reverse Mergers in the Blockchain Industry
Reverse mergers have historically served as an effective mechanism for blockchain companies to gain swift entry into U.S. capital markets. This approach can lead to enhanced liquidity and improved valuations for companies, particularly during periods of regulatory uncertainty.
Research from Coincu indicates that reverse mergers are a popular strategy for companies seeking to enter capital markets. Historical data suggests that companies often experience increased liquidity and higher valuations after successfully completing such listings, underscoring the strategic importance of Animoca Brands' current merger plan to leverage U.S. regulatory transparency for its investment diversification goals.
Market Context: Ethereum Performance
As of November 28, 2025, at 21:21 UTC, Ethereum (ETH) was priced at $3,046.58. Its market capitalization stood at $367.71 billion, representing 11.83% of the total market dominance. Over the past 24 hours, ETH saw a 0.15% increase, and it experienced a 10.60% rise over the last week. However, its performance over the past 30 days showed a decline of 22.77%.
