Animoca Brands plans to push for a US IPO next year

Foresight News reported, according to The Block, that Animoca Brands plans to go public on Nasdaq next year through a reverse acquisition with Singapore-based fintech AI solutions company Currenc Group. Earlier today, it was reported that Animoca Brands Chief Strategy Officer Keyvan Peymani stated in an interview with CNBC that the company plans to expand its portfolio of approximately 600 companies next year, with a focus on areas beyond gaming. The targets include artificial intelligence, DePIN, DeFi, gaming, and stablecoins. Currently, gaming remains the largest category in Animoca Brands’ portfolio, with 230 out of the 628 invested companies related to gaming.