Animoca Brands Gets Preliminary Nod for Regulated Fund in Abu Dhabi’s ADGM
Animoca Brands Secures Preliminary Abu Dhabi Green Light to Run Regulated Fund
Animoca Brands obtained preliminary authorization from Abu Dhabi’s FSRA to function as a licensed fund administrator inside ADGM.
By Jamie Crawley, AI Boost|Edited by Sheldon Reback Nov 24, 2025, 10:15 a.m.
What to know:
- Animoca Brands stated it was granted in-principle consent from Abu Dhabi’s FSRA for functioning as a qualified fund operator within ADGM.
- The authorization backs the firm’s Middle East growth and initiatives aimed at establishing institutional, accredited investment avenues for Web3.
- The firm oversees a collection of more than 600 Web3 investments, establishing it as one of the sector’s foremost and most dynamic supporters.
Web3 investment and infrastructure business Animoca Brands received preliminary approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market, the company announced Monday.
If the final authorization is given, Animoca Brands would be authorized to handle pooled investment vehicles from within ADGM, which would enable it to reinforce its institutional presence in the Middle East.
Animoca already has operations in Dubai and has been identifying the region as a vital center for Web3 advancement.
The firm, which earlier this month announced its plans for a public offering on Nasdaq, indicated that the approval aligns with its objective of creating controlled, compliant routes for worldwide institutional involvement in Web3.
"The UAE is an expanding locus for activity in Web3 and digital assets," stated Omar Elassar, Animoca’s managing director for the Middle East. "This authorization bolsters our regional plan to develop regulated, institutional means for participation."
The firm is responsible for a portfolio comprising in excess of 600 Web3 investments, making it one of the industry’s biggest and most vigorous supporters.
