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Animoca Brands suspends reverse merger talks with Currenc Group

Animoca Brands said it and Nasdaq-listed Currenc Group mutually agreed to suspend talks on a proposed reverse merger that would have taken Animoca public.

CURR

Animoca Brands and Nasdaq-listed Currenc Group have suspended talks on a proposed reverse merger that would have taken Animoca public. In a Tuesday announcement, Animoca said the two companies mutually agreed that the time required to close the transaction was too long.