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BTCC / BTCC Square / Global Cryptocurrency /
Animoca Brands Secures VARA License to Expand Digital Asset Services in Dubai

Animoca Brands Secures VARA License to Expand Digital Asset Services in Dubai

Author:
Global Cryptocurrency
Published:
2026-02-16 11:24:02
19
1
BTCCSquare news:

Animoca Brands, a leading Web3 investment firm, has obtained a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Asset Regulatory Authority (VARA). This authorization enables the company to offer brokerage and portfolio management services for digital assets, targeting corporate and qualified investors outside the Dubai International Financial Centre.

The license marks a strategic expansion for Animoca Brands in the Middle East, reinforcing its position as a key player in blockchain gaming and digital collectibles. The firm's portfolio includes prominent platforms like The Sandbox and Open Campus, alongside its recent acquisition of Somo in 2024.

Dubai's VARA, established in 2022, continues to shape the emirate's crypto regulatory landscape. By implementing progressive frameworks, the authority aims to position Dubai as a global hub for regulated digital asset innovation.

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