Crypto Exchanges

Story: Dubai’s VARA Partners with Securitize to Pioneer $38.5B Tokenization Framework

By Julie Binoche

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Securitize Brings $4.9 Billion to the Table. Securitize isn't a small bet. Backed by BlackRock, the platform manages $4.

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Dubai's Licensing Push Runs Parallel. VARA didn't just sign an MoU and call it a day. In July, the authority handed out its 50th virtual…

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What the MoU Doesn't Cover. Worth being honest about what's missing here. The agreement doesn't get specific on technology.

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Dubai's Virtual Assets Regulatory Authority just made a move. VARA signed a Memorandum of Understanding with Securitize, the world's largest tokenization platform, to build out a…

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The MoU is pretty much a blueprint agreement at this stage. The two organizations want to attract institutional capital and talent, explore how tokenized financial products…

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Securitize isn't a small bet. Backed by BlackRock, the platform manages $4.9 billion in tokenized assets, making it the largest tokenization platform globally.

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Carlos Domingo, co-founder and CEO of Securitize, sees Dubai as a forward-looking jurisdiction for digital asset innovation.

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And the numbers back up the urgency. Data from RWA.xyz puts total Real World Asset holders at 3.2 million, a 103% jump in just one month.

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VARA didn't just sign an MoU and call it a day. In July, the authority handed out its 50th virtual asset service provider license — this one to Tribe Tokenisation FZE.

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That kind of track record matters when you're trying to convince institutional investors that Dubai is a real destination.

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Related: Sanders-Casar Ban Artificial Superintelligence Act Proposes 20-Year Prison Terms

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The broader tokenization push isn't just a Dubai thing, either. The London Stock Exchange recently teamed up with crypto exchange Kraken to launch tokenized stock trading, partly…

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That's not necessarily a knock. These things take time. Regulatory frameworks have to be built carefully, especially when you're dealing with financial products that touch…

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Securitize's partnership with VARA is still a strategic signal worth taking seriously. When the largest tokenization platform on the planet decides to formalize a relationship…

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More context: Hashkey Becomes First Asian Firm in DTCC’s Tokenization Group with Major Players

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