The Dubai Virtual Asset Regulatory Authority (VARA) granted Tokinvest, a real-world asset investing marketplace, a full market license on January 14th, making the company the first within Dubai DMCC International Business District to secure an operational VARA license. As a VARA-certified licensee, Tokinvest’s platform is accessible to a broader set of audiences.
Scott Theil, CEO and Co-Founder said, “We are thrilled to receive a full market license from VARA. This reinforces our commitment to building a secure and compliant platform for our clients. It validates our innovative approach to fractional investing. We aim to democratize access to prestigious assets. This will help individuals and institutions unlock value and create liquidity for real-world assets.”
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Tokinvest – Another Addition To UAE’s Growing Crypto Industry
The UAE has become a regional business hub and a hotspot for crypto ventures in less than a decade. It has created a favourable environment for crypto and related businesses to grow and thrive.
Traditional financial firms in the UAE are also embracing crypto payments, reflecting a global shift toward cryptocurrency adoption. Regions once skeptical are now accepting crypto as it gains wider trust and use.
Major companies like Tokinvest, Tether, Binance, and Chainlink have expanded in the UAE, boosting Dubai and Abu Dhabi’s reputation in the crypto space. This success stems from clear, forward-thinking regulations.
The UAE is also making strides in areas like tokenization of real-world assets and stablecoin regulations. Key regulatory bodies, including DFSA, DIFC, VARA, ADGM, and FSRA, ensure crypto projects meet both local and international standards. Their frameworks provide a secure environment for businesses and investors, eliminating legal uncertainties.
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Leveraging Blockchain Technology For VARA-Approved RWA’s
Tokinvest is utilizing blockchain technology to create a secure and efficient platform for the fractionalization of VARA-approved real-world assets. The company has partnered up with top real estate developers, fund managers, and commodities trading platforms, to ensure a strong lineup of high-value assets.
Investors can expect these tokenized offerings to be introduced in the market in the weeks and months ahead.
Big News! Tokinvest is the FIRST in Dubai’s @DMCC to secure a full market licence from VARA for Virtual Asset Broker-Dealer operations!
Read the full article to learn more about this exciting update. https://t.co/oetI2RN03N pic.twitter.com/RaPa9x9H36
— Tokinvest (@Tokinvest_Cap) January 14, 2025
With the full market license, Tokinvest is now authorized to operate as a Virtual Asset Broker-Dealer. This enables the company to serve retail and institutional investors both in and from Dubai. As a result, the accessibility and appeal of fractionalized investments are significantly enhanced.
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What Is Fractionalizing & What’s In It For Investors?
Fractionalizing real-world assets (RWAs) enables investors to own a portion of a tokenized asset. This can further be divided and sold to multiple investors. Each token represents a fractional share of ownership in the underlying asset. This allows investors to trade these tokens in a manner similar to stocks or cryptocurrencies.
For the investors, this means:
Diversification: Fractional ownership allows investors to spread their risk by owning small stakes in multiple properties across different locations or asset classes, rather than investing in a single property.
Flexible Exit Strategies: Investors can sell their fractional shares in a property without needing to sell the entire property, providing them with flexibility and liquidity.
Shared Costs and Maintenance: Fractional ownership enables owners to share the cost of maintaining and managing the property, reducing the financial burden on any single investor.
The post Tokinvest All In On RWA Marketplace In Dubai After Securing VARA License appeared first on 99Bitcoins.
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