Key Takeaways
- • Animoca Brands' subsidiary, Animoca Asset Management (AD) Limited (AAM), received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), authorizing it to manage collective investment funds in or from ADGM.
- • The permission extends Animoca Brands' institutional capabilities and reinforces its strategic expansion in the Middle East, according to the company.
- • Minh Do, Senior Executive Officer and Director of AAM, called the approval "a critical milestone" for the firm's Middle East operations.
- • ADGM's Chief Market Development Officer Arvind Ramamurthy said the expansion into fund management strengthens links between institutional capital and digital assets within the ADGM ecosystem.
Summary
Animoca Brands announced that its subsidiary, Animoca Asset Management (AD) Limited (AAM), has received a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi in the UAE. The permission authorizes the regulated activity of managing a collective investment fund in or from ADGM. The announcement did not disclose fund sizes, strategies, or launch timing.
Animoca describes itself as a global digital assets company that builds and invests in technologies and ecosystems, including autonomous agentic AI. According to the company, the permission significantly extends its institutional capabilities and supports its broader mandate to build institutional-grade blockchain infrastructure, connect traditional financial institutions to decentralized networks, develop tokenized assets, and integrate agentic AI with Web3 environments.
Minh Do, Senior Executive Officer and Director of AAM, said the approval is "a critical milestone for our operations in the Middle East," allowing the firm to manage collective investment funds "under a robust regulatory framework, bridging institutional capital with the future of the agentic web and digital assets."
Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed Animoca to the centre, saying its expansion into fund management "strengthens the connections between institutional capital and digital assets within our ecosystem." He added that ADGM looks forward to supporting the firm's growth and reinforcing Abu Dhabi's position as a hub for innovation in digital finance.
According to the company's boilerplate, Animoca has a portfolio of over 600 companies and digital assets and operates platforms including Moca Network, Open Campus, Anichess and The Sandbox.
Animoca describes itself as a global digital assets company that builds and invests in technologies and ecosystems, including autonomous agentic AI. According to the company, the permission significantly extends its institutional capabilities and supports its broader mandate to build institutional-grade blockchain infrastructure, connect traditional financial institutions to decentralized networks, develop tokenized assets, and integrate agentic AI with Web3 environments.
Minh Do, Senior Executive Officer and Director of AAM, said the approval is "a critical milestone for our operations in the Middle East," allowing the firm to manage collective investment funds "under a robust regulatory framework, bridging institutional capital with the future of the agentic web and digital assets."
Arvind Ramamurthy, Chief Market Development Officer at ADGM, welcomed Animoca to the centre, saying its expansion into fund management "strengthens the connections between institutional capital and digital assets within our ecosystem." He added that ADGM looks forward to supporting the firm's growth and reinforcing Abu Dhabi's position as a hub for innovation in digital finance.
According to the company's boilerplate, Animoca has a portfolio of over 600 companies and digital assets and operates platforms including Moca Network, Open Campus, Anichess and The Sandbox.
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