How To Launch An RWA Tokenization Project In Dubai In 2025

Key Points

1. The Virtual Assets Regulatory Authority (VARA) released an updated rulebook providing an end-to-end framework for RWA tokenization, covering issuance, custody, and trading.

2. Dubai's regulatory clarity and global capital market shifts are driving momentum in RWA tokenization, with a focus on democratized access and economic relevance.

3. Key players in Dubai's RWA ecosystem include regulated entities, with specific licensing requirements for broker-dealers, exchanges, and issuers, including capital and compliance standards.

4. Early-stage teams can use the 'sponsored regime' model to operate under an existing licensed Virtual Asset Service Provider (VASP) while focusing on product development.

5. As of mid-2025, the total value of tokenized real-world assets on-chain in Dubai exceeded $25 billion, with potential for further growth in the global market.