Currenc Group Inc. has entered into a non-binding term sheet with Animoca Brands Corporation Limited for a potential transaction in which Currenc would acquire 100% of Animoca Brands' issued shares. Upon completion, the combined entity is expected to be listed on Nasdaq and operate under the Animoca Brands name, with Animoca Brands shareholders owning approximately 95% of the resulting company and Currenc shareholders holding about 5%. The new entity will focus on digital asset investments, real-world asset tokenization, and blockchain applications for consumers and institutions. Prior to closing, Currenc plans to spin off some of its existing business operations to its current shareholders. The transaction is expected to close in 2026, subject to customary conditions.