Kraken Approval

CFC MENA is proud to have supported Kraken in securing In-Principle Approval for multiple licensed activities from the Virtual Assets Regulatory Authority [VARA].

This is a landmark moment, both for Kraken's continued global expansion and for the UAE's position as the world's leading jurisdiction for regulated digital asset activity.

Working closely with Kraken's exceptional global team, CFC MENA navigated the full licensing process - translating a sophisticated, multi-product international business into a structure precisely aligned with VARA's regulatory framework and supervisory expectations.

We are honoured to have played a role in this milestone, and look forward to continuing to support Kraken as they build and scale their UAE presence.