Animoca Brands has obtained in-principle approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market

According to official news, Animoca Brands announced that it has obtained in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the capital of the United Arab Emirates, Abu Dhabi, to operate as a regulated fund management company. Upon meeting the relevant conditions and obtaining final regulatory approval, Animoca Brands will be authorized to conduct collective investment fund management activities within or from the ADGM.