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.
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