Ctrl Alt Secures VARA License to Operate as Virtual Assets Service Provider in Dubai

Ctrl Alt, a tokenization infrastructure platform, has officially received its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to work as a Virtual Assets Service Provider (VASP) and is the first Vasp that is authorized to perform EXTENT-related services. With this license, Ctrl Alt can offer the services for brokers and emennents, so that the company can be created, manage and distribute tokenized real-world assets and Arva-Tokens. It emphasizes the dedication of CTRL Alt to comply with its regulations and its strategic expansion in the region, emphasized by its recent partnership with the Dubai Land Department, emphasizes for a real estate agency project. Because Dubai positions himself as a world leader in digital assets, the licenses of Ctrl Alt mark an important milestone for both the company and the wider ecosystem of digital assets in the VAE.

Credit : cryptonews.net

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