Animoca Brands has hit pause on its reverse merger talks with Currenc, putting its Nasdaq debut on hold. Still, the company says it's not giving up on getting listed on a major exchange.

What Happened

The discussions were focused on a possible reverse merger—a shortcut to going public by merging with an already-listed company. With negotiations now frozen, Animoca's plans for a Nasdaq listing are delayed.

Listing Plans

Even with talks with Currenc on ice, Animoca Brands says it's still committed to securing a spot on one of the major exchanges.