Animoca Brands Gains Approval to Operate Virtual Asset Services in Dubai
Animoca Brands has recently announced that it has been granted a Virtual Asset Service Provider (VASP) license by the Dubai Virtual Assets Regulatory Authority (VARA). This license allows the company to offer virtual asset trading, brokerage, and management services across the Emirate of Dubai (excluding the Dubai International Financial Centre).
Key Step Toward Global Market Expansion
Securing this regulatory approval marks a significant milestone in Animoca Brands’ strategy to expand its presence in the global virtual asset market, enabling the firm to deliver robust digital asset solutions to institutional and qualified investors worldwide.
Advancing Blockchain and Digital Economy
As a strong advocate for blockchain and decentralized technologies, Animoca Brands stated it remains committed to building a compliant, secure, and transparent digital asset ecosystem that supports the long-term growth of the digital economy.