Animoca Brands suspends Currenc deal that would have taken it public

What happened

Animoca Brands suspended a Currenc deal that would have taken it public after exclusivity expired without definitive terms. Animoca says its broader push to relist on a major exchange remains intact.

Confirmed

Global impact / market context

Without this deal, Animoca loses a path to public listing through Currenc, which means investors cannot trade Animoca shares on that public market. The separate relisting effort signals the company still wants a public exchange listing sooner.

Analyst inference

The expired exclusivity means the two sides can no longer negotiate only with each other, so either may now seek other partners. A suspended deal can delay access to public market cash and leave the company's listing timeline uncertain.

Analyst inference

What to watch

1. Animoca says its broader push to relist on a major exchange remains intact, so any confirmed listing venue or timing would be the next concrete step to watch. Confirmed
2. Watch whether Animoca and Currenc restart talks with definitive terms, which means a binding agreement covering price, structure, and closing conditions rather than an exclusive negotiation period. Proposed
3. If the relisting effort stalls or succeeds, it can change how easily investors can buy or sell Animoca exposure and how much public market cash the company can raise. Analyst inference

Evidence

• cryptoslate.com