Animoca Brands announced on Friday that the company has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), thereby expanding its regulated digital asset service operations in the region.
The license allows Animoca Brands to provide brokerage services—agency, virtual asset management, and investment—for institutional investors and qualified investors operating in and from Dubai, excluding the Dubai International Financial Centre. This decision strengthens the company’s expansion strategy in the Middle East and ensures compliance with Dubai’s legal framework.
Animoca Brands currently manages a portfolio of over 600 companies and digital assets, including projects such as Moca Network, Open Campus, Anichess, and The Sandbox. The company is also implementing initiatives related to stablecoins and asset tokenization.
The approval comes after Animoca’s planned Nasdaq listing through a reverse merger, expected to be completed in 2026.
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
XRP on the Verge of Privacy Breakthrough: Top XRPL Contributor Details How This Feature Will Be Realized - U.Today
The XRP ecosystem is set to transform with the implementation of zero-knowledge proof (ZKP) technology to enhance privacy. This will allow transactions to be verified without revealing sensitive details. Additionally, upcoming developments include AI integration, new stablecoins, smart contracts, and the XRP Alphanetwork for testing advanced algorithms.
UToday6m ago
MoonPay introduces native hardware signature support for AI agent tools
MoonPay announced on March 15 the introduction of hardware signing support for its AI agent tool, allowing transaction strategies to be executed across multiple blockchains, with users required to confirm transactions through Ledger devices to ensure private key security.
GateNews11m ago
Foundry Launches Institutional-Grade Mining Pool for Zcash
Foundry will launch a Zcash mining pool next month, extending its mining operations beyond Bitcoin.
The pool will offer auditable payouts and scalable infrastructure as Foundry expands into ZEC mining for institutional users.
Foundry Digital plans to launch a Zcash mining pool in
CryptoNewsFlash29m ago
Kraken Announces Upcoming Listing of Pi Network Token Ahead of Pi Day 2026 and Key Upgrades
Kraken plans to list PI as Pi Network advances recent protocol upgrades and moves closer to its March 12 upgrade deadline.
PI is already listed on OKX, Bitget, HTX, and BitMart, while token unlocks beginning March 12 could increase near-term supply.
Kraken has moved toward listing Pi Network
CryptoNewsFlash48m ago
The first list of "Stablecoin Licenses" in Hong Kong is about to be announced! Rumors suggest they will go to HSBC, Standard Chartered, and OSL.
Hong Kong's first batch of "Stablecoin Issuer License" list will be announced next week. The three main applicants are HSBC, Standard Chartered Bank, and virtual asset platform OSL. This licensing round may favor banks due to their capital strength and regulatory advantages, while OSL possesses rich practical experience. Although rumors suggest the main list is finalized, the actual situation may still change.
区块客51m ago
Brave Introduces Cross-Chain Swaps for Bitcoin, Solana, Zcash, and Cardano Supported by NEAR Intents
Brave Wallet v1.88 added NEAR Intents, enabling cross-chain swaps across Bitcoin, Solana, Zcash, Cardano, and EVM networks.
NEAR Intents has processed over 19 million swaps and more than $14 billion in volume across 35 chains before this wallet integration.
Brave has added NEAR Intents to it
CryptoNewsFlash51m ago
