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Digital assets news

Komainu to offer its Collateral Wallet Services in UAE


04 December 2025 UAE
Reporter: Zarah Choudhary

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Image: WhoisDanny/stock.adobe.com
Komainu, a digital assets firm, has become the first company licensed under Dubai’s Virtual Asset Regulatory Authority (VARA) to offer Collateral Wallet Services, allowing Komainu to offer its full suite of collateral management services.

The extension of Komainu’s license will allow it to provide its collateral management solution, Komainu Connect, to a broader range of clients, both within the UAE and internationally.

Sebastian Widmann, head of Dubai office at Komainu, says: “We are honoured to be the first regulated entity under VARA to provide clients with collateral management services. Receiving this is testament to our unwavering commitment to compliance and innovation.

“For the past year, we have been successfully offering these services from Jersey, and we are excited to bring our expertise to the UAE, providing institutions with the secure and efficient solutions they need to navigate the digital asset landscape.”

Darren Jordan, chief commercial officer at Komainu, adds: “The extension of Komainu’s licence underscores its position as a leader in the digital asset industry, dedicated to working with regulators to build a robust and secure ecosystem.

“By providing regulated, third-party custody and collateral management services, Komainu is addressing a critical need for institutional clients, allowing them to engage with the digital asset markets with confidence.”
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