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BTCC / BTCC Square / Global Cryptocurrency /
Animoca Brands Secures Dubai Crypto License, Expanding Middle East Operations

Animoca Brands Secures Dubai Crypto License, Expanding Middle East Operations

Author:
Global Cryptocurrency
Published:
2026-02-16 09:04:02
16
1
BTCCSquare news:

Animoca Brands has obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority, marking a strategic expansion into the Middle East. The Hong Kong-based firm can now offer broker-dealer services and investment management for virtual assets, excluding the Dubai International Financial Centre, targeting institutional and qualified investors.

The company, with an investment portfolio spanning over 600 digital assets and blockchain ventures, continues to cement its position as a leader in Web3 infrastructure. This regulatory milestone follows Animoca's 2025 announcement of a planned Nasdaq reverse merger with Currenc Group Inc., expected to finalize later this year.

Omar Elassar, Animoca's Middle East managing director, emphasized Dubai's progressive crypto regulations as key to the region's growing blockchain ecosystem. The license approval coincides with Animoca's 2026 focus on stablecoin development and real-world asset tokenization initiatives.

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