Animoca Brands Gets VASP Licence From Virtual Assets Regulatory Authority in Dubai

MOCA1,96%
EDU-2,63%
SAND2,04%

Animoca Brands, a global digital assets leader building and investing in impactful technologies and ecosystems to reimagine future economies, has officially announced the approval of a Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority (VARA). The hidden purpose behind this approval is to provide Virtual Asset (VA) Broker-Dealer services to worldwide institutions, both within and outside of Dubai.

Animoca Brands received a Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority @varadubai: VASP Licence authorizes Animoca Brands to commence operations and to provide virtual asset (VA) Broker‑Dealer Services…

— Animoca Brands (@animocabrands) February 16, 2026

Basically, VARA was designed in 2022 pursuant to Dubai Law No. 4 of 2022 as the efficient authority responsible for maintaining, observing, and balancing virtual assets and virtual asset activities around the Emirate of Dubai. VARA has a unique place in Dubai’s regulatory framework for the protection of virtual assets, enabling an international standard for virtual asset industry governance. Animoca Brands has released this news through its official social media X account.

Animoca Brands Enhances Web3 Growth with Regulatory Milestone in Dubai

Animoca Brands has earned a good reputation in terms of facilitating companies in digital asset perspectives. These companies are now able to deal with digital assets in a better way, such as Moca Network, Open CAMPUS, Anichess, and The Sandbox, with various institutional-grade platforms.

In addition, Animoca Brands also provides sufficient support to crypto companies for launching and growing, and also facilitates them with better technological experience in different projects. Animoca Brands has a satisfying portfolio of more than 600 companies and digital assets. Basically, this step is to provide significant support to digital assets dealing in Dubai and the Middle East as a priority.

Animoca Brands Elevates Dubai’s Digital Asset Ecosystem with VASP Licence

Animoca Brands wants to uplift the status of Dubai in terms of providing extraordinary services to ensure that digital assets are dealt with in Dubai and the Middle East as well. It is the best opportunity for Dubai’s people to benefit from this landmark opportunity and make their dreams come true in life.

Omar Elassar, Managing Director for the Middle East and head of Global Strategic Partnership at Animoca Brands, expressed his views about this. He said, “Receiving the VASP licence from VARA is an important milestone for Animoca Brands’ operations, particularly in Dubai and the Middle East. This licence enhances our ability to engage with Web3 foundations as well as global institutional and qualified investors within a well-regulated framework, and reflects our commitment to building and operating responsibly as digital asset markets continue to mature.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Toobit and LALIGA Kick Off $800,000 Elite Championship

Toobit is one of the most popular cryptocurrency exchanges in the world, and it has just announced the launch of its Elite Championship. This is a trading campaign that’s designed and organized together with the premier football league in Spain – La Liga. Campaign Spanning Until the End of

CryptoPotato46m ago

Ondo Gains Momentum as Franklin Templeton Boosts RWA Push

Key Insights: Ondo gains strength as the Franklin Templeton partnership pushes tokenized ETFs on-chain, lifting total value locked and expanding institutional access significantly. Futures open interest rises sharply while funding rates remain positive, showing increased trader

CryptoNewsLand53m ago

Ripple CEO Predicts Record Q1 2026 Amid Finance Shift

_ Ripple CEO Brad Garlinghouse signals record-breaking Q1 2026 results, warns against crypto policy weaponization, and says global finance is actively rewiring around digital assets._ Brad Garlinghouse said it plainly. Q1 2026 is shaping up to be Ripple’s best quarter on record. And the numbers

LiveBTCNews1h ago

Strive and Tuttle partner to launch a digital credit ETF, investing in Strategy and Strive preferred stock

Strive will partner with Tuttle Capital Management to launch the T-Strive Digital Credit ETF, investing in variable-rate perpetual preferred stocks STRC and SATA. After the ETF is approved, it will be traded on the Chicago Board Options Exchange under the stock ticker DGCR.

GateNews2h ago

Bitdeer will build the largest AI data center in Norway, supporting NVIDIA Vera Rubin technology

Bitdeer’s Tydal Data Center under its umbrella has reached a retrofit agreement with a Norwegian contractor, converting the facilities to support NVIDIA’s AI technology. This move is at the core of Bitdeer’s global strategy, aimed at meeting the growth in demand for AI data centers. Meanwhile, Bitdeer has cleared its Bitcoin reserves and plans to raise $300 million.

GateNews2h ago

OnePay Expands Crypto Offerings With Arbitrum and Polygon

Walmart-backed fintech platform OnePay is accelerating its crypto expansion by adding Arbitrum (ARB), Polygon (POL), and SUI tokens to its platform. This follows a March 20 update that included Solana and XRP, allowing users to convert fiat into crypto across multiple blockchains such as Ethereum an

Coinfomania4h ago
Comment
0/400
No comments