Animoca Brands Shelves IPO Plans and Halts Merger Talks with Currenc

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Animoca Brands has postponed its initial public offering plans and suspended ongoing merger discussions with Currenc. The two companies had begun exploring a potential deal late last year. Under the proposed arrangement, Animoca Brands would have held a 95% stake in the combined entity. No official reason has been provided for the suspension of talks or the IPO delay.

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