Why animoca Is Trending Today?

Animoca Brands, a prominent player in the cryptocurrency space, has announced its intention to go public in 2026, with a planned listing on the Nasdaq. The company aims to achieve this through a reverse merger with a special purpose acquisition company (SPAC), known as Currenc. This move is expected to raise approximately $1 billion and will provide investors with an opportunity to gain exposure to the growing market of exotic crypto assets.

Animoca Brands, a prominent player in the Web3 and crypto space, has announced plans to go public on the Nasdaq stock exchange. The company aims to achieve this through a reverse merger with the Currenc Group, a move that could value Animoca at over $10 billion. This strategic decision is expected to be completed by 2026, marking Animoca's return to the public markets.