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BTCC / BTCC Square / Global Cryptocurrency /
Animoca Brands Secures In-Principle Approval to Operate in Abu Dhabi

Animoca Brands Secures In-Principle Approval to Operate in Abu Dhabi

Author:
Global Cryptocurrency
Published:
2025-11-24 23:15:02
17
3
BTCCSquare news:

Animoca Brands, a Hong Kong-based leader in Web3 and digital assets, has obtained in-principle approval from Abu Dhabi's Financial Services Regulatory Authority (FSRA). This milestone allows the company to pursue regulated fund management activities in the Abu Dhabi Global Market (ADGM), marking a strategic expansion into the Middle East's burgeoning digital asset sector.

The approval positions Animoca to manage collective investment funds, reinforcing its institutional footprint. With over 600 portfolio companies in Web3, the firm is now poised to leverage Abu Dhabi's regulatory framework to accelerate growth. Final licensing remains contingent upon meeting all regulatory conditions.

This MOVE underscores Animoca's ambition to align with structured financial ecosystems while capitalizing on Middle Eastern market opportunities. The region's progressive stance on digital assets continues to attract global blockchain enterprises seeking regulated operational bases.

|Square

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