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animoca

Animoca Brands is a company focused on blockchain games and digital entertainment. It develops and publishes games and applications based on blockchain technology, promoting the use of digital assets and NFTs. Animoca has gained attention in the crypto space for its innovative gaming products and contributions to the metaverse, actively participating in investments and collaborations in multiple blockchain projects.
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first_img Animoca Brands has suspended the reverse merger transaction with Currenc and remains committed to relisting

Animoca Brands and the Nasdaq-listed company Currenc Group have suspended the previously proposed reverse merger negotiations, which were originally intended to facilitate Animoca's listing. In a statement released on Tuesday, Animoca indicated that after assessing the project timeline and the "evolving market environment," both parties agreed that the time required to complete the transaction no longer aligned with their short-term and mid-term goals.Animoca co-founder and executive chairman Yat Siu stated, "Corporate agility must take precedence over" advancing the merger with Currenc. Animoca added that the company "remains fully committed to relisting on a major public exchange," and if conditions permit, both parties may consider resuming merger negotiations. The reverse merger plan was first announced in November 2025, originally intended for Currenc to acquire Animoca through an Australian arrangement, with Animoca shareholders collectively holding 95% of the merged company's shares post-merger.Animoca was previously listed on the Australian Securities Exchange but was delisted in 2020 due to scrutiny over its involvement in crypto-related activities. In 2022, the Australian Securities and Investments Commission convicted Animoca and imposed a fine for failing to submit annual reports for 2019-2021 and some semi-annual reports. Animoca stated that it is actively advancing the preparation of its audited financial statements for the fiscal year 2024 and continues to seek the optimal path for relisting. Currenc Group is a fintech company headquartered in Singapore, focusing on AI and tokenization solutions.

Gate has been deeply included in Animoca Brands' 2026 Digital Asset Outlook Report, receiving dual recognition for industry insights and infrastructure capabilities

According to the annual report "Digital Assets Outlook 2026" recently released by Animoca Brands Research, multiple core industry trend analyses from Gate have been deeply included in the report. Gate has also become the only cryptocurrency trading platform featured with a double-page spread presenting industry insights, highlighting its influence in the evolution of crypto infrastructure and innovation in derivatives.In the Industry Voice section, Gate believes that CEX is evolving into a one-stop crypto entry point for the general public, integrating wallets, fiat channels, payments, TradFi products, and native Web3 access capabilities, becoming an important gateway for promoting crypto adoption. At the same time, with the maturation of AI-native architecture, Web3 is moving towards a new growth cycle driven by intelligent agents. In the direction of derivatives and on-chain trading architecture, Gate Perp DEX has also gained an independent section due to its product strength. Based on the Gate Layer second-layer network, the platform separates execution and settlement through a hybrid architecture, achieving sub-second matching performance while anchoring clearing and asset updates to securely audited smart contracts, balancing CEX-level trading experience with on-chain self-custody transparency.As traditional financial institutions accelerate their entry into the on-chain market, Gate and its Perp DEX are gradually building core trading infrastructure aimed at the next generation of global financial systems. By achieving high-frequency trading, AI intelligent execution, and institutional-level risk management on a scalable and verifiable basis, Gate is constructing strategically significant infrastructure for the future of next-generation digital finance.
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