Mantra Finance’s Dubai VASP license from the Virtual Assets Regulatory Authority (VARA) strengthens its position in DeFi and RWA tokenization. Dubai’s well-established legal systems attract digital asset companies, boosting its status as a global crypto hub. This milestone allows Mantra to expand its services across the MENA region and the UAE.
Declaring its regulatory permission on February 19, Mantra positioned itself as a digital asset exchange ready to offeroker-dealer, management, and investment services. Emphasizing that Dubai’s proactive approach creates a safe and creative environment for blockchain companies, CEO John Patrick Mullin commended the city’s leadership in digital asset policies.
“For Mantra,, as we grow internationally, this license marks a significant turning point,” Mullin said. “Dubai and VARA have created one of the most all-encompassing digital asset regulatory systems; hence,, the area is a hotspot for crypto innovation.”
Harmonizing Decentralized and Traditional Finance
Mantra’s growth fits its goal of combining institutional money with DeFi solutions. Using its regulatory permission, the company hopes to provide financial services catered to institutional investors, guaranteeing compliance and so increasing access to blockchain-powered investment prospects.
With more efficiency, liquidity, and accessibility, Mullin said asset tokenization is ready to revolutionize institutional finance. To bring billions of dollars of assets onto the blockchain, the company is already working with important UAE players such as Damac, Libre, MAG, Novus Aviation, and Zand. These alliances will speed Mantra’s initiatives to develop creative investment products under a controlled environment.
“The next phase is all about scaling regulatory-compliant tokenization,” Mullin said. As evidenced by the growth of crypto ETFs following important approvals, institutional adoption depends on well-defined rules. We are making sure that even with increasing accessibility, compliance stays first.
Future Accessibility for Commercial Investors
Although the company’s immediate concentration is on institutional clients, Mantra sees a time when tokenizing will also help individual investors. Mullin agreed that as the ecosystem develops, retail involvement will be a major objective even if current regulatory systems favor large-scale institutional enterprises.
Regulatory Monitoring Strengthens Dubai’s Crypto Scene
Dubai has strengthened its commitment to investor safety by stepping up its control of virtual assets. VARA just tightened rules on crypto marketing, including clear cautions regarding digital asset hazards. The authority has also acted against unregistered crypto companies, fining non-compliance ranging from $13,000 to $27,000.
VARA CEO Matthew White underlined that implementing open rules lets crypto companies run ethically and build market confidence. The regulator has also issued cease-and-desist orders to multiple entities violating its rules, urging investors to engage only with licensed firms.
Mantra Finance is ready to be very important in forming the institutional crypto scene in the UAE and abroad with its VASP license in hand. The firm’s focus on compliance, innovation, and accessibility underscores its commitment to bridging traditional finance with blockchain-powered investment solutions.
