Gate News message, April 24 — LTP, a leading global institutional digital asset prime brokerage, has secured a Virtual Asset Service Provider (VASP) License from the Dubai Virtual Assets Regulatory Authority (VARA). This milestone marks LTP’s official entry into the Middle East and North Africa (MENA) region, enabling the delivery of regulated institutional-grade digital asset services to clients in and from Dubai.
Under the VARA license, LTP Dubai (Liquidity Fintech FZE) is authorized to provide regulated broker-dealer services to professional institutional clients and qualified investors. The company serves a diverse institutional client base including hedge funds, proprietary trading firms, family offices, and other sophisticated institutional clients, providing regulated infrastructure, deep liquidity, and professional execution capabilities. Jack Yang, Founder and CEO of LTP, stated: “Securing our VARA VASP License is a defining milestone for LTP and a testament to our unwavering commitment to operating within robust regulatory frameworks across every market we serve. Dubai’s forward-looking approach to digital asset regulation, together with VARA’s rigorous standards, creates an ideal environment for us to serve institutional clients throughout the MENA region.”
Established in March 2022, VARA is the world’s first independent regulator dedicated exclusively to virtual assets in Dubai. The regulatory authority has implemented a comprehensive framework built on the principles of economic sustainability, consumer protection, and cross-border financial security. The VARA license reflects LTP’s proactive regulatory strategy and long-term commitment to building sustainable, compliant, and scalable infrastructure for the global institutional digital asset market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Babylon Foundation to Deposit $3M USDT into Aave to Support DeFi Ecosystem
Gate News message, April 27 — Babylon Foundation announced it will deposit $3 million USDT into Aave, with $2 million allocated to V3 and $1 million allocated to V4, to demonstrate support and confidence in Aave and the broader DeFi ecosystem.
Any interest generated from the deposit will be
GateNews21m ago
Aave, Kelp, LayerZero Propose Releasing $71M Frozen ETH to Restore rsETH
Gate News message, April 26 — Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking Arbitrum DAO to release roughly $71 million in frozen ETH into DeFi United, a cross-protocol relief effort following last week's $292 million Kelp DAO
GateNews1h ago
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Still Years Away
Gate News message, April 26 — JPMorgan's global head of ETF product, Ciarán Fitzpatrick, said on Friday that tokenization will drive change across the entire funds industry, not just ETFs. "We believe tokenization will certainly drive how the market changes, not just for ETFs but across the funds in
GateNews2h ago
AWS Marketplace Integrates Chainlink Data Standards for Smart Contracts
AWS Marketplace is integrating Chainlink's data standards and services, enabling developers and enterprises to combine AWS compute, storage, database, and API infrastructure with smart contract capabilities, according to an announcement on Friday.
Chainlink Services Available on AWS
AWS users
CryptoFrontier5h ago
Aave Proposes 25,000 ETH to DeFi United for Kelp DAO Relief
Aave service providers put forth a governance proposal on Friday that would contribute 25,000 ETH worth nearly $58 million from the protocol's DAO to DeFi United, a coordinated relief effort to restore backing for rsETH following the Kelp DAO exploit, according to The Block.
The proposed contributi
CryptoFrontier5h ago
Aave, Kelp, LayerZero Propose Releasing $71M in Frozen ETH to Support rsETH Recovery
Gate News message, April 26 — A coalition of major DeFi protocols led by Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking the Arbitrum DAO to release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol
GateNews10h ago
