Animoca Gets Abu Dhabi Permission for Fund Management

Animoca Brands said its Abu Dhabi subsidiary has received regulatory permission to manage collective investment funds for nonretail clients, adding a new regulated capability to the group’s institutional business. The authorization does not itself establish that a fund has launched or secured investor commitments. The permission was granted to Animoca Asset Management AD Limited by the Financial Services Regulatory Authority of Abu Dhabi Global Market, or ADGM. The company announced the approval on November 2. ADGM’s public register lists the permission, No. 250097, as effective October 13, 2026. The register limits the subsidiary to managing collective investment funds in or from ADGM. It does not permit the firm to deal with retail clients or to hold or control client assets. Any fund would therefore be restricted to nonretail investors, and custody would need to be handled by another entity. Animoca said the approval completes a process that began with in-principle approval in November 2025. The final permission provides authority for fund management within the stated limits, but is distinct from establishing a specific investment product. Animoca has not disclosed a fund...