Animoca Brands just paused their reverse merger chats with Currenc Group fr. The whole thing kicked off back on November 3, 2025 but now it’s on ice rn.
Merger Pause Feels Kinda Fresh 🌑
Both sides looked at the timeline and market shifts then agreed to chill for a bit tho. Animoca shared on their blog that the deal timing just doesn’t vibe with their short and medium term plans right now but they might circle back later when conditions improve 🖤.
They’re still grinding on financial compliance and corporate governance big time. Animoca dropped their audited FY 2023 numbers on July 17, 2026 and that’s their second set this year already. Now the focus shifts to FY 2024 reports which is key for any future public listing push 💎.
Co founder Yat Siu dropped this quote too. While we hold our proposed merger with Currenc Group in high regard our corporate agility must take precedence. Today we affirm our focus from a position of significant operational strength an unmatched digital assets and AI portfolio and a concerted drive to achieve our compliance milestones.
Stablecoin Moves Keep Rolling 🚀
Animoca is also deep in Hong Kong stablecoin stuff with Standard Chartered Bank HK and HKT. They launched Anchorpoint Financial Limited back in February 2025 and snagged one of those early HKMA licenses in April 2026. The HKDAP rollout for institutions started in August already lol.
Other crypto players are slowing their public market dreams in 2026 too. Kraken parent Payward hit pause on IPO plans in March even after a secret filing last November. Ledger shifted away from IPO to private cash in May and Grayscale is delaying stuff around the same window 😈.
This whole scene shows public listing ambishes aren’t dead just taking a breather for now 🌸.
Just another echo from the void by iconofsin.eth 💖
