Osegi
Crypto·1 min read

Animoca Brands Wins ADGM Permission to Manage Investment Funds

Animoca Brands has secured a Financial Services Permission in Abu Dhabi Global Market to manage collective investment funds, deepening its UAE footprint.

Abu Dhabi skyline at dusk with a glowing digital network overlay symbolizing regulated digital asset investment.
Image: Unlock Blockchain

Animoca Brands has obtained a Financial Services Permission from Abu Dhabi Global Market (ADGM) that allows it to manage collective investment funds. The approval strengthens the company's position in the United Arab Emirates and supports its ambitions in institutional digital assets.

What the permission covers

The permission authorizes Animoca Brands to operate as a manager of collective investment funds within ADGM, the Abu Dhabi financial free zone. In practical terms, it gives the company a regulated basis from which to run fund structures rather than relying only on its existing activities in the sector.

Why it matters

For a firm best known for its broad portfolio in digital assets and Web3, a fund management licence marks a move toward the more regulated, institutional end of the market. Institutional investors typically look for oversight and clear legal frameworks before allocating capital, and a permission issued in a recognized financial centre can help meet that expectation.

The decision also underlines the UAE's growing role as a hub for digital asset businesses. Abu Dhabi has been positioning ADGM as a jurisdiction where such companies can operate under a defined regulatory regime.

Details such as specific fund products, launch timelines or target investor groups were not part of the announcement material available. Any future fund offerings will show how Animoca Brands intends to use the new permission in practice.

Apps worth a look

SUMO: the number puzzle

Tap the right tiles, add them up, hit the target. Easy to learn, hard to master. Free, for all ages.

Tags:animoca brandsadgmuaedigital assetsfund management

More from this day

See all →

More in: Crypto

See all →