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Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund

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Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund

Animoca Brands received in-principle approval from Abu Dhabi’s FSRA to operate as a regulated fund manager within ADGM.

By Jamie Crawley, AI Boost|Edited by Sheldon Reback
Nov 24, 2025, 10:15 a.m.
Animoca Brands co-founder and executive chairman Yat Siu (CoinDesk)

What to know:

  • Animoca Brands said it received in-principle approval from Abu Dhabi’s FSRA to operate as a regulated fund manager within ADGM.
  • The approval supports the company’s Middle East expansion and efforts to build institutional, licensed investment channels for Web3.
  • The company manages a portfolio of over 600 Web3 investments, positioning it as one of the industry’s largest and most active backers.

Web3 investment and infrastructure firm Animoca Brands won in-principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA), the company said on Monday.

Final approval would see Animoca Brands permitted to manage collective investment funds from within ADGM, helping it strengthen its institutional footprint in the Middle East.

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Animoca already maintains a presence in Dubai and has been positioning the region as a key hub for Web3 growth.

The company, which revealed plans to for a public listing on Nasdaq earlier this month, said the approval aligns with its goal to build regulated, compliant pathways for global institutional participation in Web3.

"The UAE is a growing hub for activity in Web3 and digital assets," said Omar Elassar, Animoca’s managing director for the Middle East. "This approval supports our regional strategy to build regulated, institutional pathways for participation."

The company manages a portfolio of over 600 Web3 investments, positioning it as one of the industry’s largest and most active backers.

Animoca BrandsAbu DhabiAbu Dhabi Global Market
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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