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Nomura, CoinShares, and Ledger JV Wins Dubai Operating License

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Join Our Telegram channel to stay up to date on breaking news coverage Komainu, a collaborative endeavor formed by financial giants Nomura, digital asset manager CoinShares, and digital asset security company Ledger, has successfully secured a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai. This milestone achievement marks a significant step forward in Komainu’s mission to offer institutional clients secure and compliant custody services for digital assets. According to the company statement , this recent accomplishment signifies a promising chapter in its operations within Dubai. The company’s subsidiary, Komainu MEA FZE, underscores its commitment to establishing a significant regional presence aligned with its strategic objectives. The company highlighted that by completing this last phase of VARA’s licensing procedure, Komainu becomes capable of providing its comprehensive range of custody services...