Animoca Brands Halts Reverse Merger Talks Due to Market Conditions

Animoca Brands and Currenc Group have mutually suspended discussions on their proposed reverse merger. The deal, first announced on November 3, 2025, was put on hold after reviewing the expected timeline to complete the transaction. This decision was made due to changing market conditions and timeline concerns.

The pause in talks is set to delay potential fundraising, partnership, and token-integration plans for both companies. The move also creates short-term uncertainty for crypto adoption and market impact.