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flag Animoca Brands gained a UAE crypto license, enabling it to serve institutional investors in Dubai.

flag Animoca Brands has received a VASP license from Dubai’s VARA, effective February 5, 2026, allowing it to offer broker-dealer and asset management services for virtual assets to institutional and qualified investors in Dubai’s mainland. flag The license, part of Dubai’s broader push to become a regulated crypto hub, enables the Hong Kong-founded company to expand its Web3 operations across the Middle East, excluding the DIFC. flag It follows prior in-principle approvals in Abu Dhabi and reflects a growing trend of regulated crypto firms entering the UAE. flag Animoca, which manages over 600 digital-asset projects including The Sandbox and Axie Infinity, has also invested in UAE-based startups and committed $50 million to Saudi Arabia’s NEOM. flag VARA has enforced compliance by fining 19 firms for unlicensed activities.

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