Currenc Group Sells 60% Stake in Tranglo to New Margin Holding for $400 Million
ByAinvest
Friday, Jan 2, 2026 9:26 am ET1min read
CURR--
Currenc Group Inc. is divesting its 60% stake in Tranglo, a payment hub, to New Margin Holding Limited for $400 million in cash. The proceeds will be used to reduce the company's debt. This is part of Currenc's multi-step restructuring strategy, including the separation and spin-off of its existing businesses and a proposed reverse-merger framework with Animoca Brands.
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