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Animoca Brands suspends Currenc merger talks, delaying planned Nasdaq debut

Animoca Brands has suspended reverse merger talks with Currenc, delaying its planned Nasdaq debut. The company said it remains committed to pursuing a listing on a major exchange, although no revised timeline or alternative transaction was provided.

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Animoca Brands suspends Currenc merger talks, delaying planned Nasdaq debut

Animoca Brands has paused discussions over a proposed reverse merger with Currenc, according to Cointelegraph, putting its planned Nasdaq debut on hold. The company said the suspension does not change its broader objective of securing a listing on a major exchange. No further details on the reason for the decision or a revised timetable were provided in the available report. The development is relevant to market watchers tracking Animoca Brands and its digital-asset ecosystem, including Moca Network (MOCA), as well as broader crypto-market sentiment. Animoca’s shares are not identified in the supplied information, and the report does not indicate whether the company has selected an alternative transaction or exchange. The company’s commitment to pursuing a major-exchange listing remains in place, but the timing and route for any future listing are currently unclear.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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