Dubai’s Virtual Asset Market Hits AED 2.5 Trillion in 2025, Leading Global Licensed Sector
Dubai has emerged as the world's largest licensed VIRTUAL asset market, with transactions surpassing AED 2.5 trillion ($680 billion) in 2025. The milestone was announced by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, underscoring the emirate's strategic pivot toward digital finance.
The Virtual Assets Regulatory Authority (VARA) reported virtual assets now contribute 0.5% to Dubai's GDP, with projections suggesting this could rise to 3% in coming years. Institutional investors are driving growth, with assets under management swelling to AED 9.6 billion.
A new financial sector strategy aims to double growth and attract global capital. The Dubai Financial Market's performance was reviewed during a high-level economic committee meeting, though specific cryptocurrency projects or exchange partnerships remain undisclosed.