Nomura-Backed Laser Digital Secures Dubai’s First Crypto Derivatives License

Laser Digital, backed by Japanese financial giant Nomura, has obtained regulatory approval from Dubai's VIRTUAL Asset Regulatory Authority (VARA) to offer over-the-counter crypto derivatives. The license positions the firm as the first regulated entity in Dubai to provide client-facing crypto options on major digital assets.

This milestone signals growing institutional acceptance of cryptocurrency derivatives in regulated markets. Dubai continues to establish itself as a forward-looking hub for digital asset innovation, with VARA's framework attracting major financial players seeking compliant crypto exposure.

The approval enables Laser Digital to offer sophisticated derivatives products while operating within clear regulatory guidelines—a development likely to attract institutional capital seeking regulated crypto investment vehicles. Market observers view this as a significant step in bridging traditional finance with digital asset markets.