Animoca's backdoor listing plan has fallen through: talks with NASDAQ-listed company Currenc broke down, and both sides have directly halted negotiations. The rumor that was floated last November is now gone. However, the old boss is still insisting, saying they are still looking for a big firm to get re-listed again. Translate this: valuation couldn’t be agreed on, or the other party thinks the Web3 assets are too insubstantial. In any case, don’t have retail investors rushing to fantasize good news—backdoor listing failure is like a bucket of cold water on second-tier sentiment. Watch what it does next for real actions.

$BTC $ETH #Animoca #Web3