Lawrence Jengar
Nov 24, 2025 06:53
Animoca Brands has received in-principle approval from ADGM’s FSRA to operate as a regulated Fund Manager, marking a significant step in its Middle East expansion.
Animoca Brands, a leader in the digital assets sector, has announced its receipt of an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This approval is a pivotal step towards the company’s authorization to operate as a regulated Fund Manager in the international financial center of Abu Dhabi, United Arab Emirates, according to Animoca Brands.
Strategic Expansion in the Middle East
The IPA comes as part of Animoca Brands’ broader strategy to expand its institutional capabilities and regulated presence globally. Already established in Dubai, the company aims to enhance its support for Web3 initiatives across the Middle East. This move aligns with the UAE’s growing reputation as a hub for Web3 and digital asset activities.
Building Institutional Pathways
Omar Elassar, Managing Director for the Middle East and Head of Global Strategic Partnerships at Animoca Brands, emphasized the significance of this approval in reinforcing their regional strategy. He stated, “The UAE is a growing hub for activity in Web3 and digital assets. This in-principle approval supports our regional strategy to build regulated, institutional pathways for participation while continuing to partner with founders and enterprises across the ecosystem.”
Commitment to a Regulated Environment
Arvind Ramaurthy, Chief Market Development Officer at ADGM, congratulated Animoca Brands on achieving this milestone. He noted that the IPA reflects the company’s dedication to operating within ADGM’s dynamic and well-regulated ecosystem, which is committed to advancing blockchain and digital asset adoption.
About Animoca Brands
Animoca Brands Corporation Limited is globally recognized for its pioneering work in blockchain and tokenized assets, contributing to the future of Web3 innovation. The company operates through three integrated business pillars: advancing blockchain adoption, offering digital asset advisory services, and managing investments across a portfolio of over 600 companies. It is known for developing platforms such as the Moca Network, Open Campus, and The Sandbox.
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