Americas ETF News
you are currently viewing:Atlas AI Labs to Launch First Ever Permissionless Asset-Backed Token from DubaiMay 12, 2026--Atlas AI Labs secures In-Principle Approval to operate from VARA - the first ever approval to launch an asset-backed token issued and traded in a fully permissionless environment Atlas AI Labs FZE (Atlas), the Dubai-incorporated subsidiary of Atlas Capital Team Inc., a U.S.-based financial technology business, is set to issue the first asset-referenced virtual asset available in a fully permissionless environment, marking a landmark moment for both traditional and digital finance. This follows In-Principle Approval (IPA) from Dubai's Virtual Assets Regulatory Authority (VARA) to operate token issuance services under its Asset-Referenced Virtual Asset (ARVA) Rulebook. Source: Atlas Capital Team Inc. |
