Mantra Finance recently secured a VASP license, enhancing its services in decentralized finance and real-world asset tokenization, specifically targeting institutional clients in the UAE and MENA. CEO John Patrick Mullin stated that Dubai is leading the way in crypto regulation.

With the new license, Mantra Finance plans to offer regulatory-compliant financial products primarily for institutional investors while ensuring retail investors will have access in the future. The firm is committed to bridging gaps between DeFi and traditional investments.