Mergers & Acquisitions ·
Currenc Group Inc. and Animoca Brands Corporation mutually agreed to suspend merger negotiations regarding a proposed…
CURRCurrenc Group Inc.
Currenc Group Inc. and Animoca Brands Corporation mutually agreed to suspend merger negotiations regarding a proposed business combination on September 21, 2026. The non-binding term sheet, originally entered into November 2, 2025, contemplated Currenc acquiring all of Animoca Brands' equity via an Australian scheme of arrangement, with Animoca shareholders owning approximately 95% of the merged entity. The parties had previously extended exclusivity until June 30, 2026, but failed to finalize a definitive agreement before that date. This suspension provides Currenc greater flexibility to pursue financing opportunities for growth and operations, though negotiations may resume if conditions permit. Currenc Group Inc. operates in the financial technology industry.