Dubai, UAE – Tokinvest, a trailblazing platform for Real-World Asset (RWA) investing, has achieved a groundbreaking milestone by becoming the first company within Dubai’s DMCC Free Zone to secure a full market license from the Dubai Virtual Assets Regulatory Authority (VARA).
Pioneering Tokenised Investments
The VARA license empowers Tokinvest to operate as a virtual asset broker-dealer, serving retail, qualified, and institutional investors in and from Dubai. This development positions Tokinvest among an elite group of platforms globally offering regulated, end-to-end RWA investment solutions.
Scott Thiel, a representative of Tokinvest, celebrated the achievement, stating:
“This milestone validates our innovative approach to fractional investing and establishes us as a trusted partner in the evolving financial landscape.”
Leveraging blockchain technology, Tokinvest offers fractional ownership of prestigious assets, with a mission to democratize investment opportunities and improve liquidity for a wide range of investors.
Advancing Dubai’s Leadership in Crypto
Belal Jassoma, Director of Ecosystems at DMCC, emphasized the broader implications of Tokinvest’s achievement:
“This milestone showcases Dubai’s status as a leader in the crypto space, supported by a progressive regulatory framework that fosters innovation and security.”
The achievement reflects Dubai’s commitment to establishing itself as a global hub for virtual assets, backed by forward-thinking regulatory policies and a supportive ecosystem.
Elite Assets on the Horizon
In the coming weeks, Tokinvest plans to introduce tokenized assets sourced from top-tier real estate developers, fund managers, and commodities trading venues. The platform is designed to deliver a seamless and secure investment experience for VARA-approved RWA investments, further revolutionizing the financial landscape in Dubai and beyond.
With this milestone, Tokinvest is set to lead the charge in the rapidly evolving virtual asset industry, providing investors with innovative and secure pathways to fractional asset ownership.
