Singapore-based crypto fund manager Fintonia Group has secured a Provisional Virtual Assets License in Dubai. Reporting by oknightcrypto
Singapore-based crypto fund manager Fintonia Group has secured a provisional virtual asset license granted by the Dubai Virtual Assets Regulatory Authority , according to a press release.
The license allows the firm to offer crypto products and services to institutional clients in Dubai as it looks to establish a foothold in the emerging UAE market. Fintonia Group has been operating since 2014 and regulated by the Monetary Authority of Singapore since 2016. "Our focus is to grow our business in Singapore and Dubai, where we see strong digital asset ecosystems developing along with demand for the regulated institutional grade services that Fintonia provides," founder and Chairman Adrian Chang told CoinDesk.
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