Animoca Brands wins Abu Dhabi fund management license as crypto VC cools

Animoca Brands has successfully crossed a major hurdle in Abu Dhabi. On November 2, it announced that its subsidiary had received permission from the authorities to operate collective investment funds. This now gives the cryptocurrency investor a regulated way to raise funds as venture capital investment in the industry shrinks. No funds or investment commitments have been made public yet. What the permission covers, and what it rules out The permission is bound by some clear restrictions. Based on the FSRA’s register , Animoca Asset Management (AD) Limited has been granted Financial Services Permission No. 250097, which is valid from October 13, 2026. It may conduct the management of collective investment funds in or from the Abu Dhabi Global Market (ADGM) jurisdiction.

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