Animoca Brands and Nasdaq-listed Currenc Group suspended discussions on their proposed reverse merger on September 22, 2026, after concluding that the time needed to complete the transaction no longer aligned with their short- and medium-term strategies. The companies said talks could resume if conditions permit, while Animoca reaffirmed its intention to list on a major public exchange through another route. The original non-binding term sheet required Animoca to file audited accounts for the financial years ended 2022 through 2025 before closing. Animoca issued its FY2023 audited statements on July 17, 2026, its second audited accounts released that year, and said it was preparing its FY2024 statements. The proposed all-stock transaction would have used an Australian scheme of arrangement, leaving Animoca shareholders with about 95% of the combined company and Currenc shareholders with about 5%.