Animoca Brands

Nuva was co-incubated by Animoca Brands and Nuva Labs, a blockchain infrastructure company, and launched in May 2026.

Reap would issue payment credentials limited by merchant, amount, and timeframe, then execute checkout.

Animoca has been private since its 2020 delisting from the Australian Securities Exchange.

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The deal is the first announced commitment from the initiative, which launched on May 5 to back products built on Animoca’s AI agent platform.

The company was co-created by Animoca Brands and Nuva Labs, and said the funding will support more asset listings.

Users can activate AI agents via email or messaging apps like Telegram, choosing from profiles such as market researcher or crypto scout.

Animoca Brands, a global digital assets leader, intends to acquire up to a 15% equity stake in GDW, pending final agreements and approvals.

Under the agreement, Animoca Brands will help identify asset classes and issuers for tokenization using Rayls’ technology.

If completed, Animoca Brands shareholders would own about 95% of the new company, with Currenc shareholders holding 5%.