Animoca Brands Set for Nasdaq Listing via Reverse Acquisition

Animoca Brands is preparing for a public listing on the Nasdaq next year through a reverse acquisition with Currenc Group, a fintech AI solutions company headquartered in Singapore. The plan was announced by BlockBeats, and Animoca Brands’ Chief Strategy Officer, Keyvan Peymani, confirmed it to CNBC, stating their intention to expand beyond gaming into areas like artificial intelligence, decentralized physical infrastructure networks (DePIN), decentralized finance (DeFi), and stablecoins. While this move aims for diversification, gaming remains the dominant sector within Animoca Brands’ portfolio, representing 230 out of 628 invested companies.