Animoca Brands secures Dubai VASP license to provide broker-dealer and investment services
Animoca Brands obtained a Dubai VASP license to offer broker-dealer and investment services to institutional investors.Summary
Animoca Brands announced it has secured a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This license authorizes the Hong Kong-based firm to provide broker-dealer services, along with virtual asset management and investment services, to institutional and qualified investors operating in and from Dubai, excluding the Dubai International Financial Centre. Animoca Brands views this as a key milestone supporting its expansion in the Middle East within a regulated framework. The company, which invests in platforms like The Sandbox and Moca Network, is also planning a Nasdaq listing via a reverse merger expected to close in 2026, and intends to focus on stablecoin and real-world asset tokenization initiatives.
(Source：The Block)