Animoca Brands Middle East Advisory FZCO

Animoca Brands Middle East Advisory FZCO is incorporated in Dubai Multi Commodities Centre (the "DMCC") and is licensed by Dubai's Virtual Assets Regulatory Authority ("VARA") (VARA Licence No.: VL/26/02/001) to carry out the following regulated VA Activities and provide services to Qualified Investors and Institutional Investors (as such terms are defined in VARA regulations):

  1. Broker-Dealer Services; and
  2. VA Management and Investment Services.

VA Standards

We undertake a comprehensive due diligence on all the supported Virtual Assets. In our VA Standards assessment, we take into consideration:

  • Its market capitalisation, fully diluted value and liquidity, and whether such metrics have trended downwards over time;
  • Its design, features and use cases;
  • Our need to comply with applicable laws, Regulations, Rules or Directives, including but not limited to those relating to AML/CFT, sanctions, securities, intellectual property, and whether there are any features of the virtual asset which may affect these;
  • Regulatory treatment by global authorities relevant to Animoca Brands, including to ensure that the virtual asset has received the relevant regulatory approvals;
  • Whether a Virtual Asset is prohibited by global authorities relevant to Animoca Brands in relation to the Virtual Asset;
  • The security and immutability of the underlying DLT protocol;
  • Its future development (e.g. "roadmap") as communicated by the Issuer and/or relevant developers;
  • Whether it may be susceptible to price manipulation for any reason, and we implement transaction and trade monitoring tools as mitigation;
  • Conflicts of interest (actual or potential);
  • The background of its Issuer including, but not limited to, relevant experience in the Virtual Asset sector and whether it has been subject to any investigations or claims in relation to fraud or deceit;
  • If the Virtual Asset represents rights to any other assets, the enforceability of such rights;
  • Sufficient assets are available to satisfy any obligation with respect to any VA Activities;
  • Initially and regularly review the terms and conditions of the Virtual Asset to ensure that they reflect, to the extent possible, the operation of any existing underlying physical market and avoid adverse impacts to such market (if applicable); and
  • Review Virtual Asset terms and conditions on a periodic basis for appropriate correlation with any physical market to ensure such terms and conditions conform to standards and practices in that physical market (if applicable).

Crypto Assets Level Disclosure

This Crypto Assets Level Disclosure is published pursuant to Rule I.B.1.c of the VARA Broker-Dealer Services Rulebook, which requires the Firm to publish a summary of each Virtual Asset it offers, covering: name and symbol; date of issuance; market capitalisation and fully diluted value; circulating supply (including as a percentage of maximum total supply, if applicable); whether the Virtual Asset has been subject to an independent smart contract audit and the date of the most recent audit; and the largest reduction in price from high to low, stated as both an absolute amount and a percentage change, including when it occurred.

Data below is compiled from publicly available sources, principally CoinGecko (coingecko.com), cross-referenced against CoinMarketCap (coinmarketcap.com) and primary/issuer sources where indicated. All figures are as at 20 August 2026 and will change with market conditions; this page will be reviewed and refreshed periodically. This summary is provided for information only and does not constitute investment advice or a recommendation to trade any Virtual Asset.

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Virtual Asset (Name & Symbol) Date of Issuance Market Capitalisation Fully Diluted Value (FDV) Circulating Supply (% of Max/Total Supply) Independent Smart Contract Audit Largest Price Decline (High → Low)
Bitcoin
BTC
3 January 2009 (genesis block) $1.393 trillion $1.457 trillion (at max supply of 21,000,000 BTC) 20,072,000 BTC
≈95.6% of 21,000,000 max supply
Not applicable. Bitcoin is a base-layer protocol, not a smart contract. The open-source Bitcoin Core client has been continuously and publicly peer-reviewed since 2009, but has not undergone a single formal smart contract audit, as none applies to a native L1 protocol asset. High: $126,080 (6 Oct 2025)
Low (current): $69,403.18 (20 Aug 2026)
-$56,676.82 / -44.96%
Ethereum
ETH
30 July 2015 (mainnet “Frontier” launch) $271.563 billion $271.563 billion (no maximum supply; FDV based on current total supply) 120,682,000 ETH
No maximum supply (uncapped) – % of max not applicable
Not applicable. ETH is the native protocol asset of Ethereum, not a smart contract. The core protocol and client implementations undergo continuous public review and formal verification, but no single smart contract audit applies to ETH itself. High: $4,946.05 (24 Aug 2025)
Low (current): $2,250.24 (20 Aug 2026)
-$2,695.81 / -54.51%
BNB
BNB
ICO concluded 14 July 2017; tokens listed 25 July 2017. Originally issued as an ERC-20 token; migrated to a native asset on Binance Chain in April 2019. $83.268 billion $83.268 billion (based on current total supply; BNB’s original 200,000,000 issuance cap is reduced through scheduled burns, not issued toward) 133,163,000 BNB
≈66.6% of the original 200,000,000 issuance cap (being burned down, not issued toward)
Originally issued as an ERC-20 token (2017); now the native asset of BNB Chain and no longer a smart contract. CertiK provides ongoing ecosystem-level security monitoring (“Skynet”) of BNB Chain; no single audit report applies to native BNB today. High: $1,369.99 (13 Oct 2025)
Low (current): $625.26 (20 Aug 2026)
-$744.73 / -54.36%
Toncoin – renamed Gram
TON → GRAM
Originally conceived by Telegram (whitepaper 2018; testnet 2019). Following Telegram’s withdrawal in May 2020, the community-operated network reached mainnet status on 22 December 2020. $4.619 billion $8.973 billion (based on current total supply; maximum supply is unlimited) 2,672,512,955 TON/GRAM
≈51.5% of current total supply (5,191,588,196); maximum supply unlimited
Not applicable. Native asset of the TON blockchain, not a smart contract. High: $8.25 (15 Jun 2024)
Low (current): $1.73 (20 Aug 2026)
-$6.52 / -79.03%
Polygon Ecosystem Token
POL
Originally launched as MATIC via Binance Launchpad IEO, 24 April 2019 (Polygon mainnet, May 2020). Migrated to POL under “Polygon 2.0,” with migration beginning 4 September 2024. $866.947 million $866.947 million (based on current total supply; Polygon 2.0 tokenomics permit future annual emissions of up to 2% after an initial period, so supply is not hard-capped) 10,700,000,000 POL
100% of current total supply; supply uncapped going forward under the emission schedule
Yes. The POL token contract and the MATIC→POL transition/migration contracts were independently audited by ChainSecurity (reports published at chainsecurity.com). Exact publication date is not stated on the published summary. High: $1.29 (13 Mar 2024)
Low (current): $0.08103 (20 Aug 2026)
-$1.20897 / -93.72%

Important notice – name change

Toncoin (TON) was renamed Gram (GRAM) effective 15 June 2026, following an on-chain community vote (1–8 June 2026, 81.22% in favour). No token swap, migration, or user action is required; balances and value are unaffected (1 TON = 1 GRAM). The Firm has been made aware of fraudulent schemes referencing this rename (e.g. purported “claim GRAM” or “migrate TON” prompts) and confirms no such action is required. Clients should disregard any such requests.

Methodology note on price decline: figures shown are the decline from each asset’s all-time high (ATH) to its price as at 20 August 2026. Where the price as at that date is not the lowest point reached since the ATH, the largest historical peak-to-trough decline may be greater than shown; see the cited sources for full historical price data.

Sources: coingecko.com (Bitcoin, Ethereum, BNB, Toncoin/Gram, Polygon Ecosystem Token pages); coinmarketcap.com; chainsecurity.com (POL token and POL transition smart contract audits); coincentral.com and en.wikipedia.org/wiki/TON_(blockchain) (Toncoin–Gram rename).

Responsible Individuals:

Omar Elassar (CEO)
Tamer Ghresi (Chief Compliance Officer)

Regulatory Disclosures and Policies

Risk Disclosure Statement

As a Virtual Asset Service Provider (VASP), Animoca Brands is committed to ensuring that clients are fully informed of the material risks associated with investing in or transacting with Virtual Assets.

Volatility Risk

Virtual Assets are subject to extreme volatility, and their value may fluctuate significantly. There is a possibility that Virtual Assets could lose some or all of their value due to market conditions or other factors beyond your control.

Irreversibility and Transferability Risk

Virtual Assets may not always be transferable. Some transfers of Virtual Assets may be subject to delays, restrictions, or technical issues. Additionally, certain transactions may be irreversible, meaning once they are confirmed, they cannot be undone, which may expose users to potential losses in case of errors or fraud.

Liquidity Risk

Virtual Assets may not always be liquid, and there may be difficulty in converting them into fiat currency or other assets. This lack of liquidity could result in substantial delays or losses when attempting to sell or exchange Virtual Assets.

Privacy and Transparency Risk

Some transactions involving Virtual Assets are not private and may be recorded on public Distributed Ledger Technologies (DLTs). While these records can offer transparency, they also expose transaction details that may compromise the privacy of individuals involved in the transactions.

Fraud, Manipulation, and Theft Risk

Virtual Assets are susceptible to fraud, manipulation, and theft, including through hacking, phishing attacks, or other targeted schemes. These risks may lead to the loss of funds, and Virtual Assets may not benefit from the same legal protections as traditional financial assets.

By participating in Virtual Asset activities, you acknowledge and accept these risks. It is essential to exercise caution and ensure that you fully understand the potential consequences before engaging in Virtual Asset transactions.