Currenc Group Realigns Strategy with $400 Million Sale of Tranglo
Singapore, Friday, 2 January 2026.
Currenc Group executes a major strategic pivot, selling its controlling interest in Ripple-partnered payment hub Tranglo for $400 million to New Margin Holding, significantly reshaping the Nasdaq-listed fintech’s portfolio for future growth.
Market Reaction to Strategic Divestment
Singapore-based Currenc Group Inc. (Nasdaq: CURR) confirmed the sale of its cross-border payment arm, Tranglo, to New Margin Holding in a deal reported at $400 million. While the specific financial terms were initially undisclosed in the formal announcement on January 1, 2026, the divestiture represents a massive shift for the fintech operator [1]. The market’s immediate response to the restructuring has been volatile; as of yesterday, January 1, CURR stock closed with a daily decline of 5.79%, contributing to a significant one-month drop of 33.46% [1]. Despite this short-term pressure, the company’s six-month performance remains robust, showing a gain of 70.48% as it pivots its operational focus [1].
Unlocking Value in a Connected Network
The asset changing hands, Tranglo, is a formidable entity in the global payments landscape. The network spans over 100 countries and integrates with 250 mobile operators and 1,500 banks and digital wallets [1]. This infrastructure is critical for the cross-border remittance sector, particularly given Tranglo’s confirmed utilization of Ripple’s payment network [2]. By leveraging Ripple’s On-Demand Liquidity (ODL) service, Tranglo uses the cryptocurrency XRP as a bridge currency, allowing for the settlement of cross-border transactions in merely 3 to 5 seconds at a cost of less than $0.01 in fees [2]. This technical efficiency highlights the premium valuation attached to the payment hub.
Regulatory Clarity Fuels Asset Value
The valuation of payment infrastructures like Tranglo has likely been buoyed by the stabilized regulatory environment for cryptocurrency assets in the United States over the last year. The lengthy legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) effectively concluded on August 7, 2025, when both parties agreed to drop their respective appeals [2]. This resolution followed a shift in regulatory tone after Paul Atkins, a known proponent of digital assets, was sworn in to lead the SEC on April 21, 2025 [2]. Consequently, institutional confidence in assets leveraged by Ripple’s technology has surged, with investors purchasing over $1.1 billion in XRP tokens through August 12, 2025 [2].
Market Outlook for Currenc Group
Looking ahead, analysts maintain an optimistic view on Currenc Group’s valuation despite recent volatility. As of December 31, 2025, the stock was trading at $1.790, yet the average analyst target price stands at $3.500 [1]. This suggests a potential upside of 1.71 per share for investors willing to weather the current restructuring phase. While the company has shed over 10% of its value in the last week alone, the substantial spread between the current trading price and the target valuation indicates that market watchers anticipate a recovery as the company realigns its capital from the Tranglo sale [1].