Animoca Brands secures Abu Dhabi license for crypto funds as venture capital shrinks

Animoca Brands, a Hong Kong-based leader in blockchain gaming and digital assets, has achieved a significant regulatory milestone in Abu Dhabi. On November 2, the company revealed that its subsidiary had secured official approval to operate collective investment funds within the Abu Dhabi Global Market (ADGM). According to ADGM’s Financial Services Regulatory Authority (FSRA), Animoca Asset Management (AD) Limited has been granted Financial Services Permission No. 250097. This permission, effective from October 13, 2026, authorizes the company to manage collective investment funds in or from the ADGM jurisdiction. The FSRA decision comes with several notable restrictions.