Companies
Flowdesk Receives Full VARA License for Crypto Broker Services in Dubai
Flowdesk, a crypto liquidity provider and trading technology firm, has announced that it has received a full license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Flowdesk to provide regulated broker-dealer services through its local entity, Flowdesk Omega FZE, specifically targeting qualified and institutional investors in Dubai.
The approval follows an In Principle Approval granted to Flowdesk in June 2026, marking the completion of VARA’s multistage licensing process. Flowdesk co-founder and CEO Guilhem Chaumont emphasized that the license reflects the company’s commitment to governance, compliance, risk management, and institutional market infrastructure.
With an office in Dubai and over 200 employees globally, Flowdesk has positioned itself as a significant player in the UAE market. The company provides liquidity services across more than 150 exchange venues and is backed by prominent investors including BlackRock, Cathay Innovation, and Coinbase Ventures. Additionally, Flowdesk holds regulatory approval in Europe as a Crypto Asset Service Provider under the European Union’s MiCA framework, further solidifying its operational footprint in both Europe and the UAE.
FAQ
What is Flowdesk's recent achievement in Dubai?
Flowdesk has received a full license from Dubai’s Virtual Assets Regulatory Authority (VARA) to provide regulated broker-dealer services through its local entity, Flowdesk Omega FZE.
Who does Flowdesk target with its services in Dubai?
Flowdesk specifically targets qualified and institutional investors in Dubai with its broker-dealer services.
What does the VARA license signify for Flowdesk?
The VARA license signifies Flowdesk's commitment to governance, compliance, risk management, and institutional market infrastructure, marking the completion of a multistage licensing process.
How many employees does Flowdesk have globally?
Flowdesk has over 200 employees globally.
What other regulatory approvals does Flowdesk hold?
In addition to its VARA license in Dubai, Flowdesk holds regulatory approval in Europe as a Crypto Asset Service Provider under the European Union’s MiCA framework.