Animoca Brands Secures VARA VASP License to Expand Regulated Crypto Services in Dubai

Animoca Brands has received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing the company to offer regulated virtual asset brokerage, management and investment services to institutional and qualified investors from the Emirate of Dubai.

The approval positions Animoca Brands to begin formal operations in the Middle East under a clear regulatory framework, strengthening its ability to engage with Web3 projects and professional clients. The VASP license marks a key milestone in Animoca’s expansion strategy, enabling it to deliver digital asset services and support institutional inquiries from a major global hub for crypto innovation. Dubai’s regulatory environment has become increasingly attractive for blockchain firms seeking compliance and legal certainty, and Animoca’s authorization underscores its commitment to responsible growth in regulated markets.

Clever Robot News Desk 17^th February 2025