Dubai VARA Partners with Securitize to Advance Tokenization

The Dubai Virtual Assets Regulatory Authority (VARA) has signed a Memorandum of Understanding (MoU) with the BlackRock-backed platform Securitize to foster digital asset infrastructure and tokenization in the UAE. The partnership aims to establish a regulatory framework for institutional tokenization. Securitize currently manages $4.9 billion in tokenized assets, followed by Ondo Finance with $3.5 billion.