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Dubai’s VARA, Securitize Sign Tokenization MoU

1 reports · First detected 2026-09-03 · Last active 2026-09-03

Dubai’s Virtual Assets Regulatory Authority, or VARA, oversees the emirate’s virtual-asset sector, while Securitize provides regulated infrastructure for tokenized securities and real-world assets. Their cooperation underscores Dubai’s effort to attract institutional participation by pairing tokenization technology with clearer oversight and a framework for compliant digital financial products.

VARA and Securitize have signed a memorandum of understanding to establish a framework for regulated tokenization initiatives across Dubai and the wider United Arab Emirates. The parties plan to support institutional adoption and the development of digital-asset infrastructure. The available report did not disclose the signing date, financial terms, specific products or a timetable for implementation.

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The Backstory

The history behind this event
Dubai Crypto Market Reaches 50 Licensed Firms2026-06-29 · 1 reports · similarity 0.82

Dubai's Virtual Assets Regulatory Authority, or VARA, oversees local crypto businesses and uses virtual asset service provider licenses to establish a regulated market. The increase to 50 licensed firms reflects Dubai's progress in attracting digital-asset companies, though the number of licenses does not necessarily represent the scale of actual operations.

VARA announced on June 29, 2026, that tokenized-asset platform Tribe Tokenisation FZE had received the market's 50th VASP license. No transaction value was disclosed. At the end of 2025, only 39 of the 50 licensees were fully operational, while the remainder may still have been in a controlled preparatory phase. VARA is verifying the latest operating figures for 2026.

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