Alek Carter
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MANTRA secures VARA VASP license, enabling global expansion and RWA tokenization in the Middle East.
Interesting development in the DeFi space - MANTRA just got regulatory approval in Dubai. As someone who's been following RWA projects, some key points I noticed:
- First DeFi platform to get Virtual Assets Regulatory Authority (VARA) VASP License
- Can run a virtual asset exchange in Dubai
- Approved for broker-dealer services
- Investment services also included
- Focus on real world asset stuff
What's interesting is the timing. Dubai is becoming a crypto hub, and getting VARA approval isn't easy. From what I understand, they're known for having pretty strict standards.
What caught my eye is MANTRA’s positioning. While most DeFi projects are still figuring out regulations, MANTRA went and got approved by one of the strictest authorities. That's quite a move for adoption.
The real world asset focus with regulatory backing seems important. We're finally seeing actual implementation instead of just talk, and MANTRA looks to be ahead here.
From what I can tell, things are lining up nicely. They've got the regulatory compliance sorted with this VARA approval, strong institutional focus with their new services, and they're actually implementing real world asset integration - not just talking about it. What's even more interesting is that major markets are still untapped at this point.
Looking at all this - the VARA approval, institutional focus, and potential exchange listings - it's interesting to think where the MANTRA ecosystem might go this year. The fundamentals seem solid.
As they say “you can fork code, but you can’t fork a license”.
What do you guys think about regulated DeFi? Is this what institutions have been waiting for?
#MANTRA #Dubai #VARA #RWAs #OM
Interesting development in the DeFi space - MANTRA just got regulatory approval in Dubai. As someone who's been following RWA projects, some key points I noticed:
- First DeFi platform to get Virtual Assets Regulatory Authority (VARA) VASP License
- Can run a virtual asset exchange in Dubai
- Approved for broker-dealer services
- Investment services also included
- Focus on real world asset stuff
What's interesting is the timing. Dubai is becoming a crypto hub, and getting VARA approval isn't easy. From what I understand, they're known for having pretty strict standards.
What caught my eye is MANTRA’s positioning. While most DeFi projects are still figuring out regulations, MANTRA went and got approved by one of the strictest authorities. That's quite a move for adoption.
The real world asset focus with regulatory backing seems important. We're finally seeing actual implementation instead of just talk, and MANTRA looks to be ahead here.
From what I can tell, things are lining up nicely. They've got the regulatory compliance sorted with this VARA approval, strong institutional focus with their new services, and they're actually implementing real world asset integration - not just talking about it. What's even more interesting is that major markets are still untapped at this point.
Looking at all this - the VARA approval, institutional focus, and potential exchange listings - it's interesting to think where the MANTRA ecosystem might go this year. The fundamentals seem solid.
As they say “you can fork code, but you can’t fork a license”.
What do you guys think about regulated DeFi? Is this what institutions have been waiting for?
#MANTRA #Dubai #VARA #RWAs #OM
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.