{
  "id": 17839293,
  "title": "Animoca Brands clears final hurdle for Abu Dhabi fund management",
  "url": "https://urgent.news/2026/11/02/animoca-brands-clears-final-hurdle-for-abu-dhabi-fund-management",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T18:00:16.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/animoca-brands-expands-asset-management-business-with-abu-dhabi-approval"
  },
  "original_language": "en",
  "account": "Animoca Brands, once a mobile games company, is expanding its fund management operations in Abu Dhabi to cater to institutional demand for stablecoins and tokenized assets. The company secured regulatory approval on Monday for Animoca Asset Management (AD) Limited, a subsidiary, to oversee funds from professional investors, rather than the general public. This authorization, granted by Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA), came into effect on October 13, completing a process that began with in-principle approval in November 2025. Earlier this year, Animoca also obtained a Dubai license to offer virtual asset brokerage and investment management services to institutional and qualified investors. Originally spun off from mobile game developer Animoca in 2014, the company began by developing and publishing games based on licensed brands, alongside its own original titles. By 2018, Animoca shifted focus toward blockchain and built an investment portfolio that included OpenSea, Dapper Labs, and Sky Mavis, the developer of Axie Infinity. The company recently described its broader transition from a digital asset and Web3 operator to a regulated financial services institution operating across multiple jurisdictions, as reported in a September investor update. This strategy positions digital assets as a more institutional role in Animoca Brands' business, focusing on stablecoins, real-world asset tokenization, and treasury management.",
  "summary": "The former mobile games company is building out its fund management business in Abu Dhabi as it targets institutional demand for stablecoins and tokenized assets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}