Mars Finance reports that Animoca Brands has posted on X that its subsidiary, Animoca Asset Management (AD) Limited, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), authorizing it to conduct collective investment fund management activities within ADGM or from ADGM. Animoca Brands stated that this license will support its business initiatives in blockchain infrastructure, connecting traditional financial institutions with decentralized networks, tokenized asset development, and the integration of AI agents with Web3.
Animoca Brands Subsidiary Granted Fund Management License in ADGM
MarsBitShare
Summary
Animoca Brands announced that its subsidiary, Animoca Asset Management (AD) Limited, has received a financial services license (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority. The license permits the firm to manage collective investment funds within ADGM. This development aligns with broader global crypto regulatory trends and supports Animoca’s digital asset initiatives. The subsidiary will focus on blockchain infrastructure, tokenized assets, and AI integration with Web3.
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