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Dubai, United Arab Emirates, February 21, 2025 – Mantra Finance Fze (Mantra), a leading decentralized finance platform (DEFI) operated by Mantra Group, announces today that it has successfully obtained a license in virtual active service provider (VASP) ‘Dubai virtual asset regulatory authority (VARA), to operate as a virtual asset by Dubai Exchange, as well as provide brokers and management services and management services and management services and management services and management services and management services and management services investment.
This marks an important step in Mantra’s commitment to regulatory, safety and innovation in the ecosystem of rapidly growing virtual assets. The Vara license will not only support the global imprint of the Mantra because it introduces a range of innovative financial products and in accordance with the regulations adapted to the evolution of investors in the world of active world (RWAS). He underlines Mantra’s commitment to provide transparent, secure and advanced solutions while meeting the highest regulatory surveillance standards.
By establishing the most opportune, the most complete and most constructed framework on the ground for virtual and web3 assets, Dubai and Vara have become global leaders in cryptographic regulation. This license was a crucial step for the mantra and a key step in our journey to global expansion.
John Patrick Mullin, CEO of Mantra:
“The United Arab Emirates and the Laying MENA region quickly became a progressive world center and a prosperous ecosystem for the web3 and virtual assets because of their initiatives and regulatory executives. This license not only strengthens our regional presence, but it positions us internationally to provide unique DEFI products that fill the gap between decentralized finance and traditional finance. Our goal is to build a financial ecosystem focused on the future which benefits from institutional and qualified investors in the world, “said John Patrick Mullin, CEO of Mantra
Mantra operates its cutting -edge blockchain technology to provide fast, secure and non -guardian financial services. The platforms’ o ff ers will include innovative investment products that merge the advantages of decentralized finance with traditional finance protections, such as increased transparency, rapid commercial regulations and increased control of users on assets. With the VARA license, the mantra is only positioned to evolve these solutions and the O ff ren for institutional customers and qualified investors with water.
“By obtaining this license, Mantra joins a growing community of regulated entities operating in water, and we are delighted to work alongside industry leaders to shape the future of virtual assets. Our regulatory compliance is fundamental for the confidence we build with users, and it reflects our long -term vision of responsible growth in digital asset space, “added John Patrick Mullin, CEO of Mantra
According to the team, while the platform continues to innovate, Mantra will launch a variety of unique DEFI products designed to meet the dynamic needs of investors. Each product is developed with strict compliance with local regulations and international policy executives, ensuring that users benefit from both financial and advanced financial tools.
For more information, users can visit Mantrachain.io.
About the mantra
The Mantra chain is a layer 1 blockchain specially designed for active active world, capable of adherence to the regulatory requirements of the real world. As a chain without permission, Mantra Chain authorizes developers and institutions to participate transparently in the Rwa tokenization space evolving in o dant advanced technology modules, compliance mechanisms and transversal interoperability.
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