Abu Dhabi Strengthens Web3 Institutional Presence with Animoca’s Regulatory Endorsement
- Animoca Brands secures in-principle approval from Abu Dhabi's FSRA to operate as a regulated fund manager in ADGM, advancing its institutional expansion in the Middle East. - The approval aligns with Abu Dhabi's emergence as a blockchain hub, enabling Animoca to manage Web3 investment funds under a compliant framework alongside its Dubai presence. - With a $600+ Web3 portfolio spanning gaming and tokenized platforms, Animoca aims to bridge traditional finance and decentralized markets through structured
Animoca Brands, a prominent Web3 investment company, has
The company, which already operates in Dubai, has made the UAE a key part of its regional growth strategy. Omar Elassar, Animoca’s managing director for the Middle East, highlighted that this approval advances their mission to "develop regulated, institutional routes for involvement" in Web3, an area the firm has consistently supported
Animoca Brands oversees a portfolio exceeding 600 Web3 investments,
The timing of this approval coincides with growing momentum in Abu Dhabi’s financial industry. ADGM has become a preferred location for blockchain companies looking for regulatory certainty, with organizations such as KKR recently
Animoca’s regulated strategy fits this movement, providing a structure for conventional investors to access Web3 assets while reducing risks tied to unregulated markets.
Animoca’s fund management license still requires the company to meet certain operational standards before final approval is granted. Nonetheless, this initial endorsement demonstrates strong regulatory trust in Animoca’s expertise and dedication to compliance. As Abu Dhabi continues to draw international investment, Animoca’s growth could further reinforce the UAE’s role as a central hub for Web3 advancement and institutional participation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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