ADGM regulator approves Animoca Brands as an investment fund manager

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ADGM regulator FSRA has granted Financial Services Permission (FSP) to Animoca Brands’ subsidiary Animoca Asset Management (AD) Limited (AAM), approving it to manage collective investment funds in or from ADGM. The license expands its ability to serve institutional clients and supports Animoca Brands’ expansion in the Middle East and its efforts to build blockchain infrastructure for institutions.