Animoca Asset Management (AD) Limited, a subsidiary of Animoca Brands, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This permission allows AAM to manage collective investment funds in or from ADGM.
According to the company, the permission extends its capabilities for institutional clients and supports its expansion in the Middle East. The group is also developing tokenised assets and integrating agentic AI with Web3.
What the permission covers
The FSP granted to AAM enables the company to manage collective investment funds under a robust regulatory framework. Minh Do, Senior Executive Officer and Director at AAM, said:
“It allows us to manage collective investment funds under a robust regulatory framework, bridging institutional capital with the future of the agentic web and digital assets,”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said: “Its expansion into fund management strengthens the connections between institutional capital and digital assets within our ecosystem,”
Background on the organisations
Abu Dhabi Global Market (ADGM) is the international financial centre of the UAE capital. Its regulator, the Financial Services Regulatory Authority (FSRA), has granted AAM the FSP. Animoca Brands is a digital assets firm that builds and invests in technologies that include autonomous agentic AI.
- building blockchain infrastructure for institutions
- connecting traditional financial institutions to decentralised networks
The permission allows AAM to manage collective investment funds under a robust regulatory framework, bridging institutional capital with digital assets.
