Animoca Asset Management has obtained an ADGM Financial Services License.
On November 2, Animoca Brands announced that its subsidiary, Animoca Asset Management, has received a financial services license from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA), authorizing it to conduct collective investment fund management business within or from ADGM. Minh Do, Senior Executive Officer and Director of Animoca Asset Management, stated that this license enables it to manage collective investment funds within a robust regulatory framework, connecting institutional capital with digital assets and intelligent agent networks.