Crypto powerhouse Animoca Brands sets sights on Nasdaq via reverse merger

Crypto powerhouse Animoca Brands sets sights on Nasdaq via reverse merger

By Cointelegraph
The crypto VC giant plans a reverse merger with Nasdaq-listed fintech Currenc, giving Animoca shareholders majority control of the new entity.

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Crypto powerhouse Animoca Brands sets sights on Nasdaq listing through reverse merger Animoca Brands, a leading cryptocurrency venture capital firm, has announced plans for a reverse merger with Nasdaq-listed fintech company Currenc. This strategic move will grant Animoca shareholders majority control of the new combined entity, paving the way for Animoca's highly anticipated debut on the prestigious Nasdaq exchange. The crypto industry eagerly awaits this milestone, as Animoca Brands' impressive portfolio of blockchain and Web3 investments has solidified its position as a global force in the rapidly evolving digital asset ecosystem. With this reverse merger, the company aims to further expand its reach and capitalize on the growing mainstream adoption of cryptocurrencies and decentralized technologies. Investors and crypto enthusiasts alike are positive about the potential impact of Animoca's Nasdaq listing, which could drive increased institutional investment and visibility for the broader cryptocurrency market. As the industry continues to mature, this move by Animoca Brands represents a significant step forward in the integration of digital assets into the traditional financial landscape.

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