Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund

CoinDeskMonday, November 24, 2025 at 10:15:17 AM
Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund
  • Animoca Brands has received initial approval from the Financial Services Regulatory Authority in Abu Dhabi to operate a regulated fund, marking a significant milestone in its expansion within the UAE's cryptocurrency sector. This approval allows the company to pursue a fund management license, enhancing its regulatory compliance and operational capabilities.
  • This development is crucial for Animoca Brands as it positions the company to leverage the growing digital asset market in the UAE, potentially attracting more investors and partners. The approval reflects the company's commitment to establishing a robust presence in a region increasingly focused on digital finance.
  • The approval comes at a time when Abu Dhabi is actively increasing its investments in cryptocurrency, as evidenced by the tripling of its stake in Bitcoin-related assets. This trend indicates a broader confidence in digital currencies as long-term investments, aligning with global movements towards cryptocurrency adoption and regulatory frameworks.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Bitcoin and ether's sharp breakouts liquidate nearly $700 million short positions
PositiveCryptocurrency
Bitcoin's recent breakout above $95,000 has sparked renewed interest in the cryptocurrency market, leading to the liquidation of nearly $700 million in short positions. This surge in price reflects a growing risk appetite among investors, with market strategists suggesting that the rally has potential for further gains.
Senate banking chairman Scott: Trump-tied ethics clash doesn't belong in his crypto bill
NeutralCryptocurrency
Senator Tim Scott, chairman of the Senate Banking Committee, expressed his intention to advance the cryptocurrency market structure bill despite unresolved issues, indicating a desire for legislative progress in the crypto sector.
Bitcoin rallies past $97,000 as investors seek haven assets
PositiveCryptocurrency
Bitcoin has surged past $97,000, marking a significant rally as investors increasingly seek haven assets amidst economic uncertainties. This price movement reflects a growing bullish sentiment in the cryptocurrency market, with Bitcoin's recent performance pushing related equities higher.
CoinDesk 20 Performance Update: Internet Computer (ICP) Surges 13% as Index Rises
PositiveCryptocurrency
Internet Computer (ICP) has surged by 13% as part of the CoinDesk 20 index performance update, reflecting a positive trend in its trading activity. This increase comes amidst a broader rise in the index, which has seen various constituents performing well.
Bitcoin clears $94,500 as altcoins steal the spotlight: Crypto Markets Today
PositiveCryptocurrency
Bitcoin has surged past $94,500, marking a significant breakthrough that has energized the crypto markets and led to substantial liquidations of short positions, particularly benefiting altcoins. This upward movement indicates a shift in market sentiment towards a more bullish outlook.

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about