Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
ADGM's Endorsement of Animoca Establishes It as a Center for Web3 Innovation

ADGM's Endorsement of Animoca Establishes It as a Center for Web3 Innovation

Bitget-RWA2025/11/28 21:04
By:Bitget-RWA

- Animoca Brands secures in-principle approval from ADGM to operate as a virtual asset service provider, marking a key regulatory milestone. - The approval aligns with ADGM's strategy to position itself as a global fintech and blockchain innovation hub with flexible regulatory frameworks. - This endorsement enhances Animoca's credibility for institutional partnerships while reflecting growing mainstream acceptance of Web3 assets. - ADGM's balanced regulatory approach supports innovation in virtual economie

Animoca Brands Gains Regulatory Green Light in Abu Dhabi

Animoca Brands, a prominent force in blockchain gaming and virtual worlds, has secured preliminary approval from the Financial Services Regulatory Authority (FSRA) within Abu Dhabi Global Market (ADGM). This step allows the company to move forward as a virtual asset service provider, representing a pivotal achievement as Animoca Brands strengthens its role in the Web3 landscape, bridging gaming, digital collectibles, and decentralized finance.

This initial approval, which precedes the granting of a full operational license, confirms that Animoca Brands has satisfied ADGM’s foundational requirements for virtual asset service providers. To obtain the final license, the company must continue to meet standards related to anti-money laundering (AML), counter-terrorist financing (CTF), and operational resilience. While specific details about the services or compliance protocols have not been made public, this development highlights ADGM’s dedication to encouraging innovation while upholding financial security and integrity.

Animoca Brands has yet to issue an official statement regarding this regulatory milestone. Nonetheless, industry experts believe this move will boost the company’s reputation among institutional investors and strategic partners, especially across the Middle East and Asia. A blockchain regulation consultant noted, “Clear regulatory guidance is essential for Web3 initiatives aiming for widespread adoption. ADGM’s approach strikes a balance, and Animoca’s approval demonstrates the increasing integration of virtual assets into mainstream finance.”

This regulatory progress mirrors larger shifts within the gaming and metaverse industries, where clear oversight is becoming vital. As virtual economies expand—driven by NFTs, DAOs, and tokenized assets—jurisdictions like ADGM are stepping up to provide structured governance. With a history of collaborations with leading studios and celebrities, Animoca Brands is poised to use this regulatory backing to broaden its international reach and attract new partners.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: Major Ethereum Investor's $44.5M Move Reflects Institutional Optimism for Sustained Rebound

- Ethereum's "HyperUnit Whale" accumulates 1,000 ETH and opens a $44.5M long bet at $2,900, signaling institutional confidence in long-term recovery. - Three additional whales added $100M in leveraged ETH positions on Hyperliquid, reflecting growing bullish sentiment among large holders. - The whale's $2,326.53 liquidation threshold highlights calculated risk-taking, with analysts noting increased capital flows into crypto derivatives platforms. - Vitalik Buterin's $2.9M ETH transfer to privacy protocol Ra

Bitget-RWA2025/11/29 09:24
Ethereum Updates Today: Major Ethereum Investor's $44.5M Move Reflects Institutional Optimism for Sustained Rebound

Bitcoin Updates: BlackRock Connects Conventional Finance to Blockchain Through $589M Cryptocurrency Acquisition

- BlackRock invested $589M in Bitcoin and Ethereum via Coinbase, boosting institutional crypto adoption through ETF liquidity expansion. - Texas became first U.S. state to buy $10M BTC via BlackRock's IBIT ETF, planning Ethereum addition if market cap sustains $500B. - BlackRock's $20B ETF inflows correlate with BTC/ETH price volatility, signaling growing crypto-traditional finance integration and custody demand. - Institutional strategies like Texas' self-custody roadmap highlight maturing digital asset m

Bitget-RWA2025/11/29 09:02

Bitcoin Leverage Liquidation and the Dangers of Excessive Exposure in Unstable Markets

- Bitcoin's leveraged derivatives markets face recurring liquidation crises, exemplified by the 2025 crash wiping $19B in a single day. - Historical events (2020, 2022, 2025) reveal systemic risks from overexposure, exacerbated by absent safeguards and retail investor herd behavior. - Behavioral biases like overconfidence and FOMO drive excessive leverage, while opaque market mechanisms amplify panic selling during downturns. - Institutional strategies (CORM model, hedging derivatives) and disciplined risk

Bitget-RWA2025/11/29 08:44
Bitcoin Leverage Liquidation and the Dangers of Excessive Exposure in Unstable Markets

The Untapped Potential for Infrastructure Investment in Upstate New York

- Upstate NY's Webster is transforming via $9.8M FAST NY grants, turning brownfields into a 300-acre industrial hub with upgraded infrastructure. - Xerox campus redevelopment and road projects boosted 250 jobs at fairlife® dairy, while industrial vacancy rates dropped to 2% vs. 6.5% national average. - Investors gain exposure through ETFs like IQRA/REAI or direct land acquisitions near power-ready sites, leveraging state-funded shovel-ready industrial corridors. - Governor Hochul's strategy positions Upsta

Bitget-RWA2025/11/29 08:44