HexTrust, a digital asset custodian, operating as HT Market MENA in the UAE, obtains a VASP license from Dubai’s VARA, enabling it to offer crypto brokerage services for institutional and retail clients. This marks its second license from VARA, following a custodial license granted in November 2023. With 18 VASP licenses awarded so far, Dubai’s crypto ecosystem continues to expand, with more approvals anticipated for firms like Liminal Custody Solutions and NorthStake.