Antier Launches UAE Crypto Exchange Software
Technology firm Antier has launched a white-label crypto exchange software compliant with Dubai's Virtual Asset Regulatory Authority (VARA). The product is designed for financial institutions in the UAE and the broader MENA region looking to enter the regulated digital asset market. This move caters to the increasing demand for compliant crypto infrastructure in the region.
- The software platform is designed to be "VARA-ready," aligning with the comprehensive regulatory framework established by Dubai's Virtual Asset Regulatory Authority (VARA) for institutional digital-asset markets. - The launch is timed as VARA-aligned virtual asset service providers in Dubai have reported approximately $681 billion in trading turnover, indicating significant market liquidity and participation. - The white-label solution includes integrated features for spot and over-the-counter (OTC) trading, institutional custody, stablecoin-based remittance, and rails for issuing and trading tokenized real-world assets (RWAs). - It also offers GCC banking and fiat connectivity layers and options for Sharia-aligned market configurations to cater to specific regional financial requirements. - Antier's move is part of a broader expansion of its services in the UAE, which includes a focus on real estate tokenization, a market projected to reach $16 billion in Dubai by 2033. - The company's VP of CeFi, Gagan Singh, noted that the software is designed for the evolution of the UAE market, where exchanges are expected to support both trading and compliant asset issuance in a single venue.
