Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Animoca Brands Wins Initial Abu Dha Policy Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Animoca Brands Wins Initial Abu Dha

Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund

Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

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.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up

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.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

State of Crypto: What Congress Has Left to Do This Year

There is not a lot of time left for Congress to make meaningful progress this year on crypto issues.

Read full story
Latest Crypto News

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Grayscale Dogecoin, XRP Trusts Go Live, Cleanspark Earnings: Crypto Week Ahead

Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report

DOGE Beats the Blue Chips as D.O.G.E Calls It Quits

Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

Top Stories

Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report

DOGE Beats the Blue Chips as D.O.G.E Calls It Quits

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So

Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.