PANews reported on November 24 that Animoca Brands has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Markets (ADGM), the international financial center in Abu Dhabi, UAE, authorizing it to operate as a regulated fund management company. Upon fulfilling relevant conditions and obtaining final regulatory approval, Animoca Brands will be authorized to conduct collective investment fund management activities within or from ADGM.
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