Tracker·Updated Jul 16, 2026

Dubai VARA Licence Tracker

Who is licensed by VARA in Dubai?

As of July 16, 2026, 47 active VARA VASP licences are held by 44 companies, with an in-principle pipeline including Revolut, Kraken, and Standard Chartered. VARA publishes both lists; this tracker keeps them separated.

VASP
47
active records · 44 companies
Updated July 16, 2026Source: VARA public register

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47 / 47 records

  • Amber PremiumVASP
    Amber Premium FZE
    Amber Group
    Active
    Dubai2026-04-02Asset & wealth manager
  • Animoca BrandsVASP
    Animoca Brands Middle East Advisory FZCO
    Active
    Dubai2026-02-05Crypto-native platform
  • AquanowVASP
    Aquanow ME FZE
    Active
    Dubai2024-07-22Infrastructure & custody
  • Atremo DigitalVASP
    Atremo Digital FZE
    Active
    Dubai2025-04-25Broker & investment platform
  • BinanceVASP
    Binance FZE
    Active
    Dubai2024-04-15Crypto-native platform
  • BitGoVASP
    BitGo Custody MENA FZE
    Active
    Dubai2025-04-25Infrastructure & custody
  • BitGoVASP
    BitGo MENA FZE
    Active
    Dubai2025-09-17Infrastructure & custody
  • BitOasisVASP
    BitOasis Technologies FZE
    CoinDCX
    Active
    Dubai2024-11-29Crypto-native platform
  • BitpandaVASP
    Bitpanda Broker MENA DMCC
    Active
    Dubai2025-03-19Broker & investment platform
  • BitpandaVASP
    Bitpanda Custody MENA DMCC
    Active
    Dubai2025-04-25Broker & investment platform
  • CeffuVASP
    Ceffu Custody FZE
    Active
    Dubai2025-10-09Infrastructure & custody
  • CoinCornerVASP
    CoinCorner Virtual Assets Broker & Dealer Services L.L.C.
    Active
    Dubai2026-05-05Crypto-native platform
  • CoinMENA FZEVASP
    CoinMENA FZE
    Active
    Dubai2023-11-30Crypto-native platform
  • Ctrl AltVASP
    Ctrl Alt Solutions DMCC
    Active
    Dubai2025-05-24Infrastructure & custody
  • DKK DigitalVASP
    DKK Digital FZE
    DKK Partners
    Active
    Dubai2025-04-18Payments & fintech
  • Daman VirtualVASP
    Daman Virtual Asset Brokerage LLC
    Daman Investments
    Active
    Dubai2026-04-16Broker & investment platform
  • Deribit FZEVASP
    Deribit FZE
    Active
    Dubai2024-11-01Crypto-native platform
  • Fasset FZEVASP
    Fasset FZE
    Active
    Dubai2023-11-30Crypto-native platform
  • Crypto.comVASP
    Foris DAX Middle East FZE (Crypto.com)
    Crypto.com (Foris DAX)
    Active
    Dubai2024-04-03Crypto-native platform
  • GCEX|GC ExchangeVASP
    GC Exchange FZE (GCEX)
    Active
    Dubai2023-11-17Crypto-native platform
  • GAP 3 PartnersVASP
    Gap 3 Partners FZCO
    Active
    Dubai2025-04-14Asset & wealth manager
  • Gate (Gate.io)VASP
    Gate Technology FZE
    Gate Group
    Active
    Dubai2025-04-25Crypto-native platform
  • Hex TrustVASP
    HT Markets MENA FZE
    Active
    Dubai2024-05-31Infrastructure & custody
  • HashKey ExchangeVASP
    Hashkey MENA FZE (HashKey)
    HashKey Group
    Active
    Dubai2025-04-14Crypto-native platform
  • Hex TrustVASP
    Hex Trust MENA FZE
    Active
    Dubai2023-11-15Infrastructure & custody
  • KomainuVASP
    Komainu MEA FZE
    Active
    Dubai2023-08-18Infrastructure & custody
  • LCTVASP
    LCT Global FZE
    Active
    Dubai2025-12-26Crypto-native platform
  • Laser DigitalVASP
    Laser Digital Middle East FZE
    Laser Digital (Nomura Holdings)
    Active
    Dubai2023-07-28Broker & investment platform
  • LTP (LiquidityTech)VASP
    Liquidity Fintech FZE
    LTP
    Active
    Dubai2026-04-16Broker & investment platform
  • MB.IO (MultiBank.io)VASP
    MBIO FZE (MB.IO)
    MultiBank Group
    Active
    Dubai2024-07-18Crypto-native platform
  • MKXVASP
    MKX Virtual Assets Broker & Dealer Services L.L.C.
    Active
    Dubai2025-04-18Crypto-native platform
  • MANTRAVASP
    Mantra Finance FZE
    Active
    Dubai2025-02-19Crypto-native platform
  • Morpheus Software Technology FZE (FUZE)VASP
    Morpheus Software Technology FZE (FUZE)
    Active
    Dubai2023-11-17Infrastructure & custody
  • Nine Blocks Capital ManagementVASP
    Nine Blocks Capital Management FZE
    Active
    Dubai2023-11-21Asset & wealth manager
  • Nova DigitalVASP
    Nova Digital FZE
    Active
    Dubai2026-01-30Asset & wealth manager
  • OFZAVASP
    OFZA Fintech Virtual Asset Exchange Services LLC
    Active
    Dubai2024-12-30Crypto-native platform
  • OKXVASP
    OKX Middle East Fintech FZE
    Active
    Dubai2024-09-17Crypto-native platform
  • PRYPCOVASP
    Prypco FZE
    Active
    Dubai2025-05-24Broker & investment platform
  • RIV TechnologiesVASP
    RIV Technologies FZE
    RIV Capital
    Active
    Dubai2026-03-27Asset & wealth manager
  • ScintillaVASP
    Scintilla Network FZE
    Active
    Dubai2023-09-11Crypto-native platform
  • Selini Capital FZEVASP
    Selini Capital FZE
    Active
    Dubai2025-10-08Crypto-native platform
  • TokinvestVASP
    Tokinvest DMCC
    Active
    Dubai2024-12-30Broker & investment platform
  • Backpack EUVASP
    Trek Labs Ltd FZE (Backpack)
    Backpack
    Active
    Dubai2023-10-30Crypto-native platform
  • TribeVASP
    Tribe Tokenisation FZE
    Active
    Dubai2026-06-22Broker & investment platform
  • Varni Labs FZE (Roma)VASP
    Varni Labs FZE (Roma)
    Active
    Dubai2024-07-22Crypto-native platform
  • XBase Virtual Assets Broker & Dealer Services LLCVASP
    XBase Virtual Assets Broker & Dealer Services LLC
    Active
    Dubai2026-03-19Payments & fintech
  • Zand BankVASP
    Zand Bank P.J.S.C.
    Active
    Dubai2024-12-09Bank

Pipeline

In-principle and applicants 17

Committed but not yet operating. Never counted in the active totals above.

Dubai VARA pipeline records
EntityLicenceStatusSource
Arbeat
ARBEAT GROUP FZE
VASPIn-principleVARA
ARP Digital FZCO
ARP Digital FZCO
VASPIn-principleVARA
Atlas Capital TeamAtlas Capital Team Inc.
Atlas AI Labs FZE
VASPIn-principleVARA
VancelianVancelian (Automata France)
Automata FZE (Vancelian)
VASPIn-principleVARA
Bybit
Bybit Fintech FZE (Bybit)
VASPIn-principleVARA
DVA (Diment)Diment
DIMENT VA EXCHANGE SERVICES DMCC (DVA)
VASPIn-principleVARA
Chainberg (Liminal Custody)Liminal Custody
First Answer Custody FZE
VASPIn-principleVARA
Flipster
Flipster FZE
VASPIn-principleVARA
Flowdesk
Flowdesk Omega FZE
VASPIn-principleVARA
SmartCrowd (Nawy)Nawy
Nawy Shares FZCO (SmartCrowd)
VASPIn-principleVARA
KrakenPayward, Inc.
Payward FZCO (Kraken)
VASPIn-principleVARA
Rain
Rain MENA FZE
VASPIn-principleVARA
Revolut
Revolut Digital Assets FZE
VASPIn-principleVARA
Shipfinex
Shipfinex FZCO
VASPIn-principleVARA
Stake
Stake RWA FZE
VASPIn-principleVARA
Standard CharteredStandard Chartered PLC
Standard Chartered Bank
VASPIn-principleVARA
Triple A Technologies FZCO ("Triple A")
Triple A Technologies FZCO ("Triple A")
VASPIn-principleVARA

Off the register

Deregistered and ended 1

Exits stay on record. The date column is the end date.

Dubai VARA exited records
EntityLicenceStatusSource
WadzPay
W P M E Technology L.L.C. (WadzPay)
VASPWithdrawnVARA

Traditional finance is entering

Share of licensed companies that are not crypto-native.

EU (MiCA)40%
Rest of world28%
Global36%

Reading the register

  • 48 banks hold an active crypto licence worldwide.
  • 123 non-crypto-native companies took their first crypto licence since January 2025.

Questions

What is an in-principle approval?
A VARA IPA: capital committed and conditions set, one step before the operating licence. This tracker lists IPAs separately from licences.
Why do licence and company counts differ?
Some groups hold several licences through separate Dubai vehicles; both counts are shown.

The pipeline tab is tomorrow's competition. Reach your market before their launch press release.

Talk to Meridial

Company counts and licence counts are stated separately, never conflated. One company can hold several licences through separate legal vehicles. Full methodology.