Currenc Group to acquire Animoca Brands.

Currenc Group, an investment holding company, agreed to acquire Animoca Brands, a deeptech company. Financial terms were not disclosed. “The proposed merger with Animoca Brands represents a milestone for Currenc. This proposed transaction provides a compelling path forward for the evolution of both companies and would unlock significant value for our shareholders. We are excited to facilitate this evolution, which will give our investors ownership in a global leader at the forefront of the digital asset economy,” Alex Kong, Currenc Group Founder, CEO, and Executive Chairman.