VARA and Securitize Sign MoU to Advance Tokenization in Dubai

The Dubai Virtual Assets Regulatory Authority (VARA) has signed a Memorandum of Understanding (MoU) with Securitize, a tokenization platform backed by BlackRock. The partnership aims to establish a framework for regulated tokenization projects, attract institutional participation, and strengthen Dubai's digital asset ecosystem. While no specific projects have been announced, the collaboration seeks to transition tokenization into mainstream financial infrastructure.