Web3 Giant Animoca Brands Plans Nasdaq Listing Through Merger with AI Firm Currenc

Currenc Group, a fintech company specializing in AI solutions, announced on the 3rd that it has signed a non-binding agreement to merge with Web3 company Animoca Brands. Should the merger proceed, Animoca will hold a majority of Currenc's shares and will take over its Nasdaq listing. This move comes at a time when interest in cryptocurrency-related companies and funds is increasing, positioning the company to reach U.S. investors. The merger is expected to be completed by 2026, and the new company will operate under the Animoca Brands name.