Animoca Brands suspends merger deal with Currenc Group

Animoca Brands has mutually agreed with Nasdaq-listed Currenc Group to suspend their proposed reverse merger. The companies concluded that the timeline required to finalize the transaction no longer aligned with their strategic priorities. Currenc Group confirmed in a regulatory filing that the exclusivity period has expired, allowing the firm to pursue other financing options while Animoca continues to focus on its own path toward a public listing.