The post Animoca Brands expands into crypto brokerage after Dubai VARA approval appeared on BitcoinEthereumNews.com. Founded in 2014 by Yat Siu and David Kim, Animoca Brands has been a key Web3 player in gamification, metaverses, and NFTs, investing in over 540 companies, but it is now taking a leap into the crypto brokerage scene after receiving an in-principle license approval from Dubai’s Virtual Assets Regulatory Authority (VARA). On VARA’s website, Animoca Brands, under the name Animoca Brands Middle East Advisory FZCO, has received an in-principle approval for a crypto broker-dealer VASP service license. Animoca Brands enters the UAE to invest in Web3 projects Animoca Brands, which has a large portfolio of investments in Web3 projects — including well-known names like The Sandbox, Axie Infinity, Pudgy Penguins, TrendX, 0G Labs, and projects like Kite AI and Aethir — entered the UAE in 2025, opening an office in Dubai and appointing Omar Elassar as its Managing Director. At the time, Animoca Brands noted that the office would meet the growing demands of Web3 companies moving into the region and serve as a hub to engage with both local and international partners to foster innovation. Back in 2024, Animoca Brands had already led a strategic funding round in UAE-based Param Labs, a Web3 blockchain gaming studio, for $7 million. It had also sought to build strong relationships in the Saudi Arabian blockchain and Web3 ecosystem. It partnered with the NEOM Investment Fund, committing to a $50 million investment to develop Web3 infrastructure in the region. While it might seem surprising that Animoca Brands, a well-known investor in Web3 entities, is now entering into crypto trading, it is not so far-fetched, given that Animoca Brands has a market cap of tokens issued by Animoca’s portfolio companies pegged at more than $45 billion. The smartest crypto minds already read our newsletter. Want in? Join them. Source: https://www.cryptopolitan.com/animoca-brands-crypto-dubai-vara/The post Animoca Brands expands into crypto brokerage after Dubai VARA approval appeared on BitcoinEthereumNews.com. Founded in 2014 by Yat Siu and David Kim, Animoca Brands has been a key Web3 player in gamification, metaverses, and NFTs, investing in over 540 companies, but it is now taking a leap into the crypto brokerage scene after receiving an in-principle license approval from Dubai’s Virtual Assets Regulatory Authority (VARA). On VARA’s website, Animoca Brands, under the name Animoca Brands Middle East Advisory FZCO, has received an in-principle approval for a crypto broker-dealer VASP service license. Animoca Brands enters the UAE to invest in Web3 projects Animoca Brands, which has a large portfolio of investments in Web3 projects — including well-known names like The Sandbox, Axie Infinity, Pudgy Penguins, TrendX, 0G Labs, and projects like Kite AI and Aethir — entered the UAE in 2025, opening an office in Dubai and appointing Omar Elassar as its Managing Director. At the time, Animoca Brands noted that the office would meet the growing demands of Web3 companies moving into the region and serve as a hub to engage with both local and international partners to foster innovation. Back in 2024, Animoca Brands had already led a strategic funding round in UAE-based Param Labs, a Web3 blockchain gaming studio, for $7 million. It had also sought to build strong relationships in the Saudi Arabian blockchain and Web3 ecosystem. It partnered with the NEOM Investment Fund, committing to a $50 million investment to develop Web3 infrastructure in the region. While it might seem surprising that Animoca Brands, a well-known investor in Web3 entities, is now entering into crypto trading, it is not so far-fetched, given that Animoca Brands has a market cap of tokens issued by Animoca’s portfolio companies pegged at more than $45 billion. The smartest crypto minds already read our newsletter. Want in? Join them. Source: https://www.cryptopolitan.com/animoca-brands-crypto-dubai-vara/

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

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