🇦🇪 MANTRA secures Virtual Assets Regulatory Authority (VARA) VASP license.
Look, I love the idea of permissionless, decentralized finance. No middlemen, no restrictions, just open access to financial tools. But let’s be real—institutions aren’t going to jump into a completely unregulated space.
That’s why MANTRA securing the first-ever VARA DeFi license is such a powerful move. They’re proving that DeFi can be compliant without losing its core values.
Dubai’s VARA isn’t an easy regulator to pass. This means:
✔️ MANTRA can operate legally as a virtual asset exchange
✔️ They can provide broker-dealer and investment services
✔️ RWAs and institutional DeFi are becoming a reality
Institutions are coming for your RWAs and they are coming on the MANTRA Chain.
DYOR - this is my take after I came across this news, because getting a VARA license is not easy and not all projects in Web3 space can achieve - so definitely worth keeping an eye on MANTRA.
