HONG KONG - Decentralized finance (DeFi) platform MANTRA said it secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows the platform to operate as a virtual asset exchange and offer broker-dealer and investment management services in the region.

MANTRA Finance scores VASP license from Dubai's VARA, enabling it to operate as a regulated virtual asset exchange.

Mantra Finance, a top-class decentralized finance and real-world asset tokenization platform, has secured a virtual asset service provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA).

Decentralised finance platform MANTRA has hit a major milestone after it secured a virtual asset service provider license in Dubai. MANTRA, a leading real-world assets player, announced on February 19 that Dubai’s Virtual Assets Regulatory Authority (VARA) has approved its VASP license application,