Animoca Brands' subsidiary Animoca Asset Management (AD) Limited has received a Financial Services Permission from the FSRA of ADGM in Abu Dhabi. The permit authorizes the company to manage collective investment funds in or from the financial center. Animoca Brands builds and invests in digital asset platforms and Web3 technologies.
Approval details
The approval covers the regulated activity of managing a collective investment fund. It allows the subsidiary to operate under ADGM's regulatory framework. The move supports the company's expansion in the Middle East.
Company footprint
Animoca Brands develops digital asset platforms such as The Sandbox and Moca Network. The company also provides digital asset services to Web3 businesses. Its portfolio includes more than 600 companies and digital assets.
Institutional focus
The permission supports work on institutional-grade blockchain infrastructure. The company's broader mandate includes connecting traditional financial institutions to decentralized networks. It also covers developing tokenized assets and integrating agentic AI with Web3 environments.
ADGM welcomed Animoca Brands to its financial center. The authority said the expansion strengthens links between institutional capital and digital assets. ADGM looks forward to supporting the firm's growth in Abu Dhabi.