Animoca Brands Ditches Currenc Merger Plans Amid Strategic Shift

Animoca Brands has suspended its merger talks and listing plan for Currenc, a digital currency platform. The news comes as the company is focusing on other strategic initiatives.

CryptoNews previously reported that Animoca was leading the charge in crypto venture activity in H1 2026, with 30 deals secured under Coinbase Ventures' guidance. This includes partnerships and investments that have helped establish Animoca's dominance in the market.

Meanwhile, Pencil Finance has made significant strides in onchain lending by delivering $1M in student loans directly to borrowers, enabling transparent repayment tracking. Student Impact notes that this milestone represents a major breakthrough in accessible financial services for Asian students.