Animoca Brands Receives Regulated Fund Approval in Abu Dhabi

Animoca Brands Receives Approval for Regulated Fund Management

Animoca Brands announced that it has received initial approval from the Financial Services Regulatory Authority (FSRA) to operate as a regulated fund manager within the Abu Dhabi Global Market (ADGM).

This approval supports the company's expansion in the Middle East. Additionally, it contributes to efforts to create institutional and licensed investment channels for Web3. Animoca Brands is positioned as one of the largest and most active supporters in the sector, managing over 600 Web3 investments.