Mantra provides the first Vara Defi license, and paves the way for global growth and innovation in financial products – Cryptomode
Dubai, United Arab Emirates, February 19, 2025 / PRNEWSWIRE / – mascot Finance Fze (Mantra), a pioneering financial platform (Defi) run by the Mantra Group group, announces today that it has successfully obtained a license for virtual asset service provider (VASP) from the Dubai Virtual Assets Regulatory Authority (VAR), to work as an expression assets As well as providing mediator, management and investment services.
This represents a great milestone in the commitment of a talisman to organizational compliance, security and innovation in the ecosystem of the growing virtual assets quickly. VARA license is not only supported by a global fingerprint of Mantra because it offers a range of innovative financial products that are compatible with specially designed for the advanced needs of investors all over the world, but its position to expand the scope of operations in the Middle East on the distinctive symbol of the real world origins (RWAS). It confirms the commitment of a talisman to provide transparent, safe and developed solutions while meeting the highest regulatory control standards.
“By creating a comprehensive, comprehensive and built framework of land for virtual assets, Web3, Dubai and Vara who have become global leaders in regulating encryption. John Patrick Moulin, CEO of Mantra, said that this license was a decisive step for a talisman and a basic step on our journey towards Global expansion.
“The UAE region and the broader Middle East and North Africa region have become a gradual global axis and a prosperous environmental system for Web3 and virtual assets due to its initiatives and organizational frameworks. This license not only enhances our presence at the regional level, but also puts us internationally to provide unique Defi products that bridge the gap between The decentralization and traditional financing. Our goal is to build a financial ecosystem It focuses on the future that benefits institutional and qualified investors in the world.
Mantra enhances advanced Blockchain technology to provide fast, safe and non -guardian financial services. The platform offers will include innovative investment products that merge the advantages of decentralized financing with the protection of traditional financing, such as increased transparency, rapid trade settlement, and the monitoring of the asset reinforced. With the VARA license, Mantra is uniquely placed to expand these solutions and provide institutional customers and qualified investors in the United Arab Emirates.
“By obtaining this license, Mantra joins a growing society from the regulations that operate within the United Arab Emirates, and we are excited to work alongside industrial leaders to form the future of virtual assets.” “Our organizational compliance is essential to the confidence that we build with users, and our long -term vision reflects the responsible growth in the area of digital assets.”
As innovation continues on the platform, Mantra will launch a variety of unique Defi products designed to meet the dynamic needs of investors. Each product has been developed with strict adherence to local regulations and international policy frameworks, ensuring that users benefit from security and advanced financial tools.
For more information, please visit Mantraachain.io.
About a talisman
mascot The series is a single layer designed for this purpose of assets in the real world, capable of adhering to the organizational requirements in the real world. As a chain without permission, the developer and institutions talisman series enables to participate smoothly in the developed RWA symbol area by presenting advanced technical units, compliance mechanisms and interrupted intercourse.
