Animoca Brands Subsidiary Receives ADGM License to Manage Collective Investment Funds

Animoca Brands subsidiary Animoca Asset Management (AD) Limited has received a Financial Services Permission (FSP) from the Abu Dhabi Global Market's Financial Services Regulatory Authority, authorizing it to manage collective investment funds in or from ADGM. According to Foresight News, Animoca Brands said the permission will support its work in blockchain infrastructure, connecting traditional financial institutions with decentralized networks, developing tokenized assets, and combining AI agents with Web3.