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

MOCA2,48%
EDU-2,44%
SAND0,2%

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

Arbitrum Releases 2025 Transparency Report: Cumulative Transaction Volume Exceeds 2.1 Billion, Total Value Locked at Approximately $20 Billion

Arbitrum Foundation has released the 2025 Transparency Report, showing that traditional finance is accelerating its on-chain business deployment. The ecosystem now includes 189 collaborative projects, with a transaction volume exceeding 2.1 billion transactions and a total value locked of approximately $20 billion. The on-chain RWA scale has surpassed $800 million. At the same time, the foundation is promoting infrastructure upgrades and revenue growth.

GateNews37m ago

Web3 Health AI Enterprise 4Heal Technology Completes Million-Dollar Strategic Financing Round and Secures First Data Order

4Heal Technology announced the completion of a million-dollar strategic funding round led by AI MOXA Group. The funds will be used for the development of Web3 AI health intelligent agents, wearable devices, and a decentralized health data platform, while supporting the commercialization of de-identified health data and new product research and development. This marks 4Heal's successful validation of its business model and receipt of its first pre-sale orders.

GateNews49m ago

Ripple Expands Digital Asset Business in Brazil, Plans to Apply for Virtual Asset Service Provider License

Ripple announced plans to expand digital asset services in Brazil, with plans to apply for a virtual asset service provider license, and has already connected with multiple local institutions to its network, including Banco Genial and Braza Bank, to promote dollar transfers and stablecoin issuance.

GateNews52m ago

GSR Acquires Autonomous and Architech for $57 Million to Build Crypto Capital Markets and Treasury Platform

GSR acquires Autonomous and Architech for $57 million, launching an integrated crypto capital markets and treasury management platform. The integration aims to provide one-stop services from project creation, token design to capital planning, helping crypto foundations manage digital asset reserves.

GateNews55m ago

CoinSwitch Launches Digivault to Address Growing Demand for Crypto Custody

CoinSwitch launched Digivault to provide secure crypto custody solutions as demand from investors continues rising. The move reflects increasing institutional interest in safeguarding digital assets through regulated custody infrastructure. CoinSwitch launched Digivault to meet the rising need

TheNewsCrypto1h ago

WalletConnect Supports USDe Payments

Gate News reported that on March 17, Ethena announced that WalletConnect has added support for USDe payment functionality. USDe is a synthetic US dollar stablecoin launched by Ethena.

GateNews1h ago
Comment
0/400
No comments