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Dubai s Virtual Asset Regulatory Authority VARA has approved crypto custodian Komainu to provide services to its clients in the region Komainu is a joint venture Dubai’s Virtual Asset Regulatory Authority (VARA) has granted its full Virtual Asset Service Provider (VASP) licensure to Komainu, a new crypto custodian Komainu, a crypto joint venture between Nomura, CoinShares and Ledger, has recently secured a full operating license from Dubai’s Virtual Asset Regulatory Authority Komainu, a joint venture of Ledger, CoinShares, and Nomura, gains a full operating license from Dubai’s VARA, bolstering Dubai’s ambition to become a crypto hotspot. Crypto custody Dubai’s Virtual Asset Regulatory Authority (VARA) has approved crypto custodian Komainu to provide services to its clients in the region. Komainu is a joint venture Crypto custody service Komainu, backed by Nomura, Ledger, and Coinshares, has received final approval from Dubai’s Virtual Asset Regulatory Authority Komainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2025. Komainu, a joint venture between

Dubai Grants Crypto License to Ledger, CoinShares-Backed Firm: Komainu Achieves Full VASP Approval

Dubai's ambition to become a global crypto hub has received another significant boost as the Virtual Asset Regulatory Authority (VARA) has granted a full Virtual Asset Service Provider (VASP) licensure to Komainu, a prominent crypto custodian. This marks a major milestone for Komainu and reinforces Dubai's commitment to fostering a regulated and thriving virtual asset ecosystem.

Dubai's Virtual Asset Regulatory Authority (VARA) has approved crypto custodian Komainu to provide services to its clients in the region. Komainu is a joint venture – a powerful combination of established financial players and innovative crypto technology. Komainu, a crypto joint venture between Nomura, CoinShares and Ledger, has recently secured a full operating license from Dubai’s Virtual Asset Regulatory Authority, solidifying its position in the region.

The VARA license allows Komainu to offer its institutional crypto custody service to clients in Dubai. This secure and compliant platform is critical for institutional investors seeking to engage with digital assets. Crypto custody Dubai will benefit from Komainu's robust security protocols and experience.

Komainu, a joint venture of Ledger, CoinShares, and Nomura, gains a full operating license from Dubai’s VARA, bolstering Dubai’s ambition to become a crypto hotspot. This approval signifies confidence in Komainu's ability to meet the stringent regulatory requirements set forth by VARA. Komainu, backed by Nomura, Ledger, and Coinshares, has received final approval from Dubai’s Virtual Asset Regulatory Authority.

The journey to full licensure was a comprehensive process. Komainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2025. Komainu, a joint venture between…now boasts the full VASP license, signifying its long-term commitment to the Dubai market and its confidence in the regulatory framework.

This approval signals a positive trajectory for the future of crypto in Dubai, attracting further investment and innovation in the virtual asset space. The granting of this license to Komainu strengthens Dubai's position as a leading destination for crypto businesses and investors alike.

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