• 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

Analyst Predicts XRP to Outperform Gold and Silver by 2026

chest

YoungHoon Kim predicts that XRP will outperform both gold and silver by 2026, despite its current market position.

user avatarAyman Ben Youssef

GameFi Investment Plummets 55% in 2025

chest

The GameFi sector is experiencing a significant decline in investment, with a reported drop of over 55% in 2025 compared to the previous year, driven by macroeconomic pressures and regulatory uncertainties.

user avatarTando Nkube

Web25 Gaming Models Show Resilience Amid GameFi Challenges

chest

Web25 games are emerging as a resilient alternative in the GameFi sector, integrating blockchain technology into traditional gaming to enhance player experience and attract investment.

user avatarSon Min-ho

Repo Market Tensions Rise with 26 Billion Facility Surge

chest

Repo market tensions highlighted by a surge in the facility to 26 billion.

user avatarKofi Adjeman

Federal Reserve Concludes Quantitative Tightening, Impacts Bitcoin

chest

The Federal Reserve has officially ended its quantitative tightening policy, which is expected to enhance liquidity conditions in financial markets and potentially benefit risk assets like Bitcoin.

user avatarNguyen Van Long

Ten Strategic Pillars for Effective Derivatives Risk Control

chest

A report identifies ten strategic pillars essential for effective derivatives risk control in 2025, providing a foundation for modern risk management.

user avatarJesper Sørensen

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.