Why Animoca chose a reverse merger over a traditional IPO

Animoca's Nasdaq listing plan, Spider Tanks reborn, Moonfrost goes web2 and IMX is fully liquid.

• [0:24] Animoca Brands has announced a reverse merger to get a Nasdaq listing.
• [4:25] It's started the process to merge with tiny Nasdaq listed company Currenc.
• [6:03] Currenc shareholders will get 5% of the new company. Animoca's 95%.
• [7:58] There's no official valuation for Animoca, but it's likely somewhere between $3-4 billion.
• [11:30] But the entire process will take 9-12 months, so Animoca won't be listed until late 2026.
• [14:16] Moonfrost has gone pure web2 but is also launching web3 degen platform Frost Arcade.
• [22:30] Immutable's IMX is the first major gaming token to become 100% circulating.
• [25:18] The Sandbox has committed to be majority UGC-focused in 2026.
• [30:45] Spider Tanks is being rebooted on Immutable, with early access from 8th December.