Animoca's Relocation to Abu Dhabi Connects Conventional Finance with Web3
- Animoca Brands secures Abu Dhabi FSRA in-principle approval to operate as a regulated fund manager, advancing its Middle East regulatory expansion. - The approval enables managing collective investment funds in ADGM, building on prior Dubai VARA crypto brokerage license to solidify UAE presence. - The firm plans institutional-grade Web3 services, including a DL Holdings partnership for an XRP Ledger-based fund and RWA tokenization via NUVA and ANPA. - Animoca's strategy bridges traditional finance and We
Animoca Brands, recognized globally for its leadership in Web3 and digital property rights, has secured preliminary approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) to act as a fund manager in the emirate. This milestone marks a major advancement in the company’s regulatory journey across the Middle East.
With FSRA’s green light, Animoca will be able to oversee collective investment funds within the regulated environment of Abu Dhabi Global Market (ADGM). The company, which
This approval fits into Animoca’s wider plan to tokenize real-world assets (RWAs) and broaden its institutional reach.
Abu Dhabi’s regulatory advancements complement Dubai’s initiatives to draw digital asset businesses. The UAE has become a prominent hub for blockchain and crypto enterprises, with both cities offering licensing frameworks for compliant operations. Animoca’s regional growth mirrors similar strategies by international exchanges and asset managers aiming to benefit from the UAE’s supportive regulatory climate.
The company’s chairman is also set to
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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