Digital asset investment platform Fasset has obtained operational license in Dubai.

According to BlockBeats news on November 30th, digital asset investment platform Fasset has obtained a license to operate as a virtual asset service provider (VASP) in Dubai, as reported by CoinDesk. The license will allow Fasset to provide services to institutional investors, qualified investors, and retail investors. Obtaining the complete license includes three stages: temporary license, preparatory license, and operating license. Fasset FZE has completed the third stage and will now be able to provide broker services and offer tokenized bonds and stocks based on close cooperation with the Dubai Virtual Asset Regulatory Authority (VARA).