Animoca Brands Secures Crucial Regulatory Approval in Abu Dhabi

Animoca Brands has received an important regulatory milestone: In-principle approval from the Abu Dhabi Global Market (ADGM) to operate as a regulated fund manager. This move is significant for institutional digital asset management and could impact cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC). The approval opens up new opportunities for Animoca to develop institutional investment products in Abu Dhabi.