Animoca Brands said its subsidiary, Animoca Asset Management (AD) Limited, has obtained a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market. The license allows the company to conduct collective investment fund management activities in or from ADGM. According to the company, the approval will support its business efforts across blockchain infrastructure, links between traditional financial institutions and decentralized networks, tokenized asset development, and the combination of AI agents with Web3. The disclosure was made in a post by Animoca Brands and was cited by ChainCatcher. The announcement centers on regulatory approval and the scope of activities the subsidiary is now permitted to carry out within the ADGM framework.
Animoca Brands said in a post that its subsidiary, Animoca Asset Management (AD) Limited, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
The approval authorizes the company to carry out collective investment fund management activities in or from ADGM.
Areas the license is expected to support
Animoca Brands said the license will support its business in the following areas:
- blockchain infrastructure
- connections between traditional financial institutions and decentralized networks
- development of tokenized assets
- the combination of AI agents and Web3
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