PANews reported on November 3 that, according to the official blog, Yat Siu, co-founder and executive chairman of Animoca Brands, released a letter to shareholders announcing that he is pushing for a Nasdaq listing through a proposed reverse takeover of fintech company Currenc Group Inc. (NASDAQ: CURR). Under the proposed structure, upon completion of the reverse takeover, Animoca Brands shareholders will collectively own approximately 95% of the issued shares of the combined entity, which is expected to operate under the name Animoca Brands.

Previously, Animoca Brands announced that it had signed a letter of intent with Nasdaq-listed Currenc Group .