According to CoinMeta, Wu said that Animoca Brands announced a joint suspension of reverse merger negotiations with NASDAQ-listed company Currenc Group (CURR). Both parties stated that the time required to complete the merger no longer aligns with their short- and medium-term strategic goals given the current market environment, but they may resume discussions in the future if conditions are suitable. Animoca Brands is one of the main investment institutions in the gaming and digital assets sector for Web3; it previously announced in November 2025 its plan to return to the public market through a reverse merger with Currenc. The company stated that it is still committed to re-listing on major exchanges and is advancing the audit and related compliance preparations for the fiscal year 2024.