To The Moon

$CURRENC Group Inc(CURR)$ (“Currenc” or the “Company”), a fintech pioneer providing artificial intelligence (AI) solutions to financial institutions worldwide, today announced that it has entered into a non-binding term sheet (“Term Sheet”) with Animoca Brands Corporation Limited (“Animoca Brands”) for a proposed reverse takeover of all issued shares of Animoca Brands (“Proposed Acquisition”).

A Vast Web3 Portfolio

Animoca has established a broad business presence in crypto gaming, NFTs, and blockchain infrastructure. As of September 30, the company had 628 active investments in gaming, sports, digital art, and the metaverse. Its portfolio includes major cryptocurrencies such as Bitcoin, Ethereum, and Solana, as well as its proprietary token, MOCA. This diversified asset allocation and business coverage position it uniquely within the Web3 ecosystem.

Following the proposed merger, a Nasdaq-listed company is expected to be formed, with a global growth strategy encompassing digital asset investment and services, real-world asset (RWA) tokenization, and blockchain applications for consumers and institutions. Under the proposed transaction structure, Animoca Brands shareholders will collectively hold approximately 95% of the issued shares of the combined entity, while Currenc's existing shareholders will hold approximately 5%. Currenc anticipates establishing a dual-class share structure in the transaction, and upon completion, its board of directors will consist of nominees from both companies. The combined entity is expected to operate under the Animoca Brands name.

The parties currently anticipate the transaction to close in 2026, subject to shareholder and regulatory approvals and the fulfillment of other customary conditions.