January 17, 2026

CFC MENA extends its warmest congratulations to SmartCrowd, a Nawy company, on securing In-Principle Licence Approval from the Virtual Assets Regulatory Authority [VARA].
From launching MENA’s first regulated crowdfunding platform for real estate investments, to advancing into the next wave of tokenised real estate under the Nawy Shares brand, SmartCrowd has consistently pushed innovation and played a defining role in shaping regulated real estate investing in the region.
CFC MENA was delighted to work hand in hand with the SmartCrowd team throughout the licensing process, helping translate their vision into an operating model aligned with VARA’s requirements. We look forward to supporting the platform as it moves toward launch.
If you are exploring tokenisation, on-chain investment models, or regulatory engagement under VARA, our team is available to support.

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