Web3 investment and infrastructure firm Animoca Brands won in-principle approval from the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA), the company said on Monday. Final approval would see Animoca Brands permitted to manage collective investment funds from within ADGM, helping it strengthen its institutional footprint in the Middle East. Animoca already maintains a presence in Dubai and has been positioning the region as a key hub for Web3 growth. The company, which revealed ...