• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Tokinvest Granted Full VARA License for Operations in Dubai

user avatar

by Giorgi Kostiuk

a year ago

Tokinvest, a real world assets tokenization platform, has received a full license from Dubai's Virtual Assets Regulatory Authority.

Tokinvest Begins Operations in Dubai

Tokinvest is the first company within Dubai's DMCC International Business District to receive a VARA license for virtual asset operations. It will use blockchain technology to provide a secure and efficient platform for the tokenization of real assets.

Company Plans and Objectives

Founded by Scott Thiel and Matt Blom, Tokinvest aims to make premium asset investments accessible to a wider audience. In July 2024, the company raised $500,000 in pre-seed funding.

Future Projects and Collaborations

Tokinvest has secured partnerships with leading developers and trading platforms to bring tokenized assets to market. In December 2024, it expanded collaboration with Universal Digital Payments Network (UDPN) to launch a stablecoin management system.

Tokinvest’s achievement reflects the ecosystem we are building for Web3 businesses. Dubai positions itself as a leader in the crypto market with a forward-thinking regulatory approach.Belal Jassoma, Director of Ecosystems at DMCC

Obtaining the license allows Tokinvest to expand and build a robust platform for asset tokenization, enhancing investment opportunities in Dubai.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mixed Economic Indicators Contribute to Market Sluggishness

chest

Mixed economic indicators are causing market sluggishness due to uncertainty among investors.

user avatarDiego Alvarez

Crypto Industry Raises $146 Billion from IPOs in 2025

chest

The crypto industry saw a major increase in initial public offerings, raising $146 billion from 11 IPOs in 2025.

user avatarElias Mukuru

Liquidity Constraints Affect Market Responses

chest

Liquidity constraints and credit flow issues are impacting market responses.

user avatarKenji Takahashi

BlackRock Analysts Highlight Broader Economic Implications of Rate Cuts

chest

BlackRock analysts discuss the economic implications of limited interest rate cuts, emphasizing the importance of labor market conditions.

user avatarMaria Fernandez

Kaspa Enhances Blockchain Scalability

chest

Kaspa has announced significant updates to its Layer 1 blockchain, focusing on enhanced scalability and security.

user avatarGustavo Mendoza

Investor Confidence Remains Low Despite Interest Rate Cuts

chest

Investor confidence remains low despite anticipated interest rate cuts due to ongoing risk aversion and macroeconomic concerns.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.