Dubai, UAE, June 4, 2026, FinanceWire
Chainberg, the international asset management company Liminal, acquires IPA, paving the way for obtaining a VASP License from VARA in Dubai.
Chainbergdigital asset management platform, has received In-Principle Authorization (IPA) from Dubai Virtual Assets Regulatory Authority (VARA), The first event before being fully accredited as a licensed Virtual Asset Service Provider (VASP) in one of the world’s largest managed asset markets. Chainberg is a management agency for Liminal, a global leader in digital content.
VARA’s Intermediate Approval confirms that Chainberg has met the regulatory requirements for overall governance, compliance infrastructure, risk management, and operations to date. The IPA places Chainberg on VARA’s publicly available registry of organizations with endorsements of its policies — a short list that today includes only a handful of volunteers.
With the IPA in hand, Chainberg has now met the final requirements to obtain his full VASP license from VARA.
“Receiving VARA’s In-Principle Approval validates the architecture and principles we have created at Chainberg from the beginning. Organizational preservation requires more than technology – it requires accountability, leadership, and trust. We are committed to completing the final steps quickly and look forward to providing a well-managed, institutionalized world-class preservation service from Dubai.”
– Manan Vora, General Manager and Executive Director, Chainberg.
What Does IPA Mean?
VARA was established under Law 4 of 2022 in Dubai, and VARA is the world’s first independent authority dedicated to real estate. Executive Approval is granted only after the applicant demonstrates compliance with VARA’s regulatory, investment, risk management, and technical safeguards – making it a legal requirement, not just a process.
Prescribers with an IPA are listed on the VARA register but are not allowed to provide services to clients until full VASP authorization is granted. The Dubai market has recorded AED 2.5 trillion in transactions since the beginning of 2025, strengthening the emirate’s position as the world’s largest licensed sector.
About Chainberg
Chainberg is a digital asset management platform designed for institutional clients and qualified investors. Chainberg is a sponsor of Liminal, a global leader in digital content.
In Dubai, under the guidance of VARA regulations, Chainberg is starting with compliance among them, including security architecture, corporate risk management, and governance designed to meet financial market standards. Designed to serve clients across the APAC and MENA regions—including digital asset exchanges, hedge funds and asset managers, public institutions, VCs and private equity firms, corporate wealth, and family offices—Chainberg offers a secure, scalable, and environmentally-managed platform. The features of the platform are:
- Institutional-grade storage of digital assets.
- A compliance-first policy designed for qualified investors and institutional investors.
- Advanced reports and controls go hand in hand with VARA regulations.
Users can visit www.chanberg.com for more information.
Contact
AVP, Global Brand and Communications
He called me Bhatnagar
Liminal Custody
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