MANTRA Secures First VARA DeFi License, Paving the Way for Global Growth and Innovation in Financial Products - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # MANTRA Secures First VARA DeFi License, Paving the Way for Global Growth and Innovation in Financial Products ##### Up next ![Personetics Appoints Jody Bhagat to President Global Banking, Broadening the Company's Global Strategy](https://i0.wp.com/r2.thailandbusinessnews.net/2025/02/Jody_Bhagat.jpg?resize=200%2C110&ssl=1 "Personetics Appoints Jody Bhagat to President Global Banking, Broadening the Company's Global Strategy") [](https://thailandbusinessnews.net/press-release/personetics-appoints-jody-bhagat-to-president-global-banking-broadening-the-companys-global-strategy/) ###### [Personetics Appoints Jody Bhagat to President Global Banking, Broadening the Company's Global Strategy](https://thailandbusinessnews.net/press-release/personetics-appoints-jody-bhagat-to-president-global-banking-broadening-the-companys-global-strategy/) Published on 19 February 2025 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) DUBAI, UAE, Feb. 19, 2025 /PRNewswire/ — [MANTRA](https://c212.net/c/link/?t=0&l=en&o=4365113-1&h=3783892444&u=https%3A%2F%2Fwww.mantrachain.io%2F&a=MANTRA) Finance FZE (MANTRA), a leading decentralized finance (DeFi) platform operated by MANTRA Group, today announces it has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This marks a significant milestone in MANTRA’s commitment to regulatory compliance, security, and innovation within the rapidly growing virtual assets ecosystem. The VARA license will support not just MANTRA’s global footprint as it introduces a range of innovative, regulatory-compliant financial products tailored to the evolving needs of investors around the world, but position it to further scale operations in the Middle East focused on the tokenization of real world assets (RWAs). It underscores MANTRA’s commitment to providing transparent, secure, and cutting-edge solutions while meeting the highest standards of regulatory oversight. "By establishing the most timely, comprehensive and built from-the-ground-up framework for virtual assets and Web3, Dubai and VARA have become world leaders in crypto regulation. This license was a crucial step for MANTRA and a key step in our journey towards global expansion," said John Patrick Mullin, CEO of MANTRA. "The UAE and broader MENA region has fast become a progressive global hub and thriving ecosystem for Web3 and virtual assets owing to their regulatory initiatives and frameworks. This license not only strengthens our presence regionally, it positions us internationally to deliver unique DeFi products that bridge the gap between decentralized finance and traditional finance. Our goal is to build a future-focused financial ecosystem that benefits institutional and qualified investors globally." MANTRA leverages its cutting-edge blockchain technology to deliver fast, secure, and non-custodial financial services. The platform’s offerings will include innovative investment products that merge the advantages of decentralized finance with the protections of traditional finance, such as increased transparency, rapid trade settlement, and enhanced user control over assets. With the VARA license, MANTRA is uniquely positioned to scale these solutions and offer them to both institutional clients and qualified investors in the UAE. "By obtaining this license, MANTRA joins a growing community of regulated entities operating within the UAE, and we are excited to work alongside industry leaders to shape the future of virtual assets," added Mullin. "Our regulatory compliance is fundamental to the trust we build with users, and it reflects our long-term vision of driving responsible growth in the digital asset space." As 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 adherence to local regulations and international policy frameworks, ensuring that users benefit from both security and cutting-edge financial tools. For more information, visit [mantrachain.io](https://c212.net/c/link/?t=0&l=en&o=4365113-1&h=3542521935&u=http%3A%2F%2Fmantrachain.io%2F&a=mantrachain.io). About MANTRA:[MANTRA](https://c212.net/c/link/?t=0&l=en&o=4365113-1&h=3783892444&u=https%3A%2F%2Fwww.mantrachain.io%2F&a=MANTRA) chain is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real-world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability. [Source link ](https://www.prnasia.com/story/archive/4621917_AE21917_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/hitachi-solutions-appoints-roger-lvin-as-chief-executive-officer-and-president-2/) ![Hitachi Solutions Appoints Roger Lvin as Chief Executive Officer and President](https://i0.wp.com/mma.prnasia.com/media2/2951197/Roger_Lvin.jpg?resize=260%2C140&ssl=1 "Hitachi Solutions Appoints Roger Lvin as Chief Executive Officer and President") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Hitachi Solutions Appoints Roger Lvin as Chief Executive Officer and President LONDON, April 8, 2026 /PRNewswire/ — Hitachi Solutions today announced the appointment… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - April 9, 2026 [](https://thailandbusinessnews.net/press-release/mr-d-i-y-partners-with-lark-to-redefine-retail-innovation-passing-more-savings-to-everyday-customers/) ## MR D.I.Y. Partners with Lark to Redefine Retail Innovation, Passing More Savings to Everyday Customers KUALA LUMPUR, Malaysia, March 3, 2025 /PRNewswire/ — Lark, the all-in-one productivity platform… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - March 3, 2025 [](https://thailandbusinessnews.net/press-release/autonomous-unveils-smartdesk-5-the-statement-of-luxury-and-craftmanship/) ![Autonomous Unveils SmartDesk 5: The Statement of Luxury and Craftmanship](https://i0.wp.com/r2.thailandbusinessnews.net/2025/04/The_5th_generation_smart_desk_Autonomous_designed_minimalism_aims_fit.jpg?resize=260%2C140&ssl=1 "Autonomous Unveils SmartDesk 5: The Statement of Luxury and Craftmanship") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Autonomous Unveils SmartDesk 5: The Statement of Luxury and Craftmanship RIVERSIDE, Calif., April 8, 2025 /PRNewswire/ — Autonomous, a leader in refined workspace… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - April 8, 2025 ##### Most Read - [![Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/priority-pass-to-accelerate-travel-innovation-backed-by-the-collinson-groups-500-million-growth-programme-2/ "Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme") [Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme](https://thailandbusinessnews.net/press-release/priority-pass-to-accelerate-travel-innovation-backed-by-the-collinson-groups-500-million-growth-programme-2/ "Priority Pass to accelerate travel innovation, backed by the Collinson Group's £500 million growth programme") - [![IMG Completes Acquisition of World Nomads, Expanding Global Travel Insurance Distribution](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/img-completes-acquisition-of-world-nomads-expanding-global-travel-insurance-distribution/ "IMG Completes Acquisition of World Nomads, Expanding Global Travel Insurance Distribution") [IMG Completes Acquisition of World Nomads, Expanding Global Travel Insurance Distribution](https://thailandbusinessnews.net/press-release/img-completes-acquisition-of-world-nomads-expanding-global-travel-insurance-distribution/ "IMG Completes Acquisition of World Nomads, Expanding Global Travel Insurance Distribution") - [![Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material](https://i0.wp.com/r2.thailandbusinessnews.net/2025/04/MODERN_MEADOW_LOGO_BLACK_PNG_Logo.jpg?fit=597%2C138&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/modern-meadow-and-bellroy-partner-on-carry-products-made-of-next-generation-material/ "Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material") [Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material](https://thailandbusinessnews.net/press-release/modern-meadow-and-bellroy-partner-on-carry-products-made-of-next-generation-material/ "Modern Meadow and Bellroy Partner on Carry Products Made of Next-Generation Material") - [![DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dorco-wins-2026-red-dot-award-for-renewed-corporate-identity/ "DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity") [DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity](https://thailandbusinessnews.net/press-release/dorco-wins-2026-red-dot-award-for-renewed-corporate-identity/ "DORCO Wins 2026 Red Dot Award for Renewed Corporate Identity") - [![Tamarind Health launches Rare Cancer Centre to make specialist expertise easier to access](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/tamarind-health-launches-rare-cancer-centre-to-make-specialist-expertise-easier-to-access/ "Tamarind Health launches Rare Cancer Centre to make specialist expertise easier to access") [Tamarind Health launches Rare Cancer Centre to make specialist expertise easier to access](https://thailandbusinessnews.net/press-release/tamarind-health-launches-rare-cancer-centre-to-make-specialist-expertise-easier-to-access/ "Tamarind Health launches Rare Cancer Centre to make specialist expertise easier to access") - [![MemoMind One Rolls Out New Features and Prepares for a New Stage of Developer Access](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/memomind-one-rolls-out-new-features-and-prepares-for-a-new-stage-of-developer-access/ "MemoMind One Rolls Out New Features and Prepares for a New Stage of Developer Access") [MemoMind One Rolls Out New Features and Prepares for a New Stage of Developer Access](https://thailandbusinessnews.net/press-release/memomind-one-rolls-out-new-features-and-prepares-for-a-new-stage-of-developer-access/ "MemoMind One Rolls Out New Features and Prepares for a New Stage of Developer Access") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/metaoptics-announces-strategic-expansion-into-malaysia-with-incorporation-of-wholly-owned-subsidiary/) ## MetaOptics Announces Strategic Expansion into Malaysia with Incorporation of Wholly-Owned Subsidiary SINGAPORE, Oct. 2, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT)… [](https://thailandbusinessnews.net/press-release/su-group-investment-completes-acquisition-of-km-safety-solution-company-expands-safety-solutions-and-adds-intelligent-emergency-lighting-products/) ## SU Group Investment Completes Acquisition of KM Safety Solution Company; Expands Safety Solutions and Adds Intelligent Emergency Lighting Products HONG KONG, Oct. 2, 2026 /PRNewswire/ — SU Group Holdings Limited (Nasdaq:… [](https://thailandbusinessnews.net/press-release/su-group-holdings-limited-announces-reverse-stock-split-2/) ## SU Group Holdings Limited Announces Reverse Stock Split Reverse Stock-Split to be effective on October 7, 2026 HONG KONG, Oct.… [](https://thailandbusinessnews.net/press-release/modaxo-appoints-ian-woodroofe-as-chief-strategy-officer/) ![Modaxo Appoints Ian Woodroofe as Chief Strategy Officer](https://i0.wp.com/mmx.prnasia.com/media/MS1999627/Ian-Woodroofe-Chief-Strategy-Officer-Modaxo.jpg?resize=260%2C140&ssl=1 "Modaxo Appoints Ian Woodroofe as Chief Strategy Officer") ## Modaxo Appoints Ian Woodroofe as Chief Strategy Officer New executive role enhances Modaxo’s capacity to drive growth, as global…