Altcoin giant Animoca Brands aims to go public next year, listing will test investor appetite for exotic crypto assets
Another crypto company is headed to Wall Street. Animoca Brands, a Hong Kong-based blockchain developer and investor, plans to list on the Nasdaq via a reverse merger with Currenc, which is a Singapore-based fintech company.
The planned public listing is notable because Animoca stands out from other recent crypto offerings, including Circle and Gemini, because its business does not revolve around exchanges or stablecoins. Instead, the firm’s focus is in altcoins, or cryptocurrencies other than mainstays like Bitcoin and Ethereum.
Animoca has invested in over 600 blockchain companies, according to a statement released on Monday. Some of its most notable past investments include stakes in the failed metaverse platform…
