LTP obtains official VARA VASP license in Dubai, continues to expand institutional-level crypto services in the Middle East market

Foresight News reports that institutional-grade digital asset prime broker LTP has officially obtained a Virtual Asset Service Provider (VASP) license issued by the Dubai Virtual Assets Regulatory Authority (VARA). This license marks LTP's official entry into the Middle East and authorizes it to provide regulated digital asset services to institutional clients.

LTP holds licenses and registrations in multiple jurisdictions, works closely with global regulatory authorities, and will connect global exchanges through its highly secure, ultra-low latency trading infrastructure to provide capital efficiency solutions for hedge funds, family offices, and proprietary trading platforms. LTP founder and CEO Jack Yang stated that Dubai's progressive regulatory framework provides an ideal environment for institutional clients and that the company is committed to operating under robust regulatory standards.