Flowdesk Secures Dubai VARA Broker-Dealer Licence
Flowdesk has received a broker-dealer licence from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing the digital asset trading and technology firm to provide regulated services to qualified and institutional investors in and from the emirate.The licence was granted to Flowdesk Omega FZE,
Flowdesk, a digital asset trading and technology firm, has secured a broker-dealer licence from Dubai’s Virtual Assets Regulatory Authority (VARA). The licence was granted to Flowdesk Omega FZE, the company’s Dubai entity, on August 10, following an in-principle approval in June. This approval completes VARA’s multi-stage licensing process and expands Flowdesk’s regulated operations after it obtained authorisation in France as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
Flowdesk provides liquidity and over-the-counter trading services to institutional clients and digital asset issuers, including spot and derivatives trading, treasury management, and exchange-traded fund liquidity. The company operates a non-custodial market-making model, where token issuers retain control of their assets. With this new licence, Flowdesk can offer regulated broker-dealer services in Dubai, catering to institutional and qualified clients as the region explores stablecoin settlement and tokenised real-world assets.
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