{"id":9485,"date":"2026-05-21T16:00:00","date_gmt":"2026-05-21T14:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=47df962173b5e086d1e8cf02a6455b6b"},"modified":"2026-05-21T16:00:00","modified_gmt":"2026-05-21T14:00:00","slug":"payward-secures-vara-authorization-in-uae-enabling-kraken-to-expand-regional-presence","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=9485","title":{"rendered":"Payward Secures VARA Authorization in UAE, Enabling Kraken to Expand Regional Presence"},"content":{"rendered":"

\nKraken to offer UAE clients dirham funding, trading pairs and direct access to global liquidity<\/i><\/p><\/a><\/a>

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, a unified financial infrastructure platform and the parent company of Kraken, today announced its expansion into the United Arab Emirates after being granted preliminary approval for a broker-dealer, investment and management licence from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE.<\/p>

\nKraken, one of the world\u2019s longest-standing and most liquid cryptocurrency platforms, now has the regulatory go-ahead to offer a full range of services in Dubai. This will include spot, margin, and OTC trading, staking, and access to Kraken Prime for institutional clients, as well as crypto transfers between users through Krak.<\/p>

\nUAE traders will be able to access Kraken\u2019s global orderbooks, which have deep liquidity and reliable execution across major markets in Europe, the US, and APAC. Through a locally regulated Payward subsidiary, clients will also be able to fund and withdraw in dirhams (AED), giving secure, frictionless access to global crypto markets through a trusted, regulated on-ramp.<\/p>

\n\u201cDubai wrote a rulebook for crypto before most jurisdictions even acknowledged the asset class,\u201d said Arjun Sethi, Co-CEO of Payward and Kraken. \u201cThat clarity is why real liquidity and institutional capital now sit in the UAE. Operating under VARA puts Kraken inside that perimeter, serving clients through a local, supervised entity rather than from offshore.\u201d<\/p>

\nThis launch is part of Payward\u2019s broader global growth strategy to establish regulated, on-the-ground operations in key financial centers. By connecting new markets to its core trading network, Kraken gives clients access to premium execution, deep liquidity and a consistent high standard of service worldwide.<\/p>

\nSethi continued: \u201cClients in the UAE get the same order book, the same balance sheet, and the same multi-asset coverage we run in every other market. The difference is the rulebook is written down and the supervisor is local. That is what a license should mean.\u201d<\/p>

\nKraken will introduce its Buy<\/i>, Trade<\/i> and Earn<\/i> products to the UAE, offering direct access to spot trading and staking, subject to regulatory approval. Over time, Kraken will expand its offering to include derivatives, lending and new investment products for qualified clients.<\/p>

\nAbout Payward<\/b><\/p>

\nPayward, Inc. is a unified financial infrastructure platform that powers a family of products advancing an open, global financial system. Built on a single shared architecture, Payward enables customers to hold, trade, earn, pay, and invest across asset classes without friction or fragmentation.<\/p>

\nAt its core, Payward provides the infrastructure layer behind Kraken and a growing set of purpose-built products, including NinjaTrader, Breakout, xStocks, and CF Benchmarks.<\/p>

\nPayward separates infrastructure from product expression. Each product surface is designed for a specific customer segment, regulatory regime, and use case, while operating on the same global foundation:<\/p>