OKX UAE Launches Tokenised US Stocks with 24/7 Trading on VARA Licence
70 pts · High·The Fintech Times·3d ago · Oct 22, 05:00 UTC·1 min read
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OKX UAE has launched over 80 tokenised US stocks for eligible users in Dubai, enabling AED funding and 24/7 trading. This initiative operates under the regulatory framework provided by the Virtual Assets Regulatory Authority (VARA).
Key takeaways
- ▸OKX UAE offers over 80 tokenised US stocks to eligible Dubai users.
- ▸Trading will be available 24/7, enhancing accessibility for investors.
- ▸Users can fund their accounts in AED, simplifying transactions for local investors.
- ▸The service is launched under the VARA regulatory framework, ensuring compliance in the region.
Why this matters
This move diversifies investment options for local investors and positions OKX as a key player in the Middle East's growing fintech space. By providing 24/7 trading of tokenised assets under regulatory oversight, OKX potentially attracts more retail and institutional investors while boosting the UAE's appeal as a hub for cryptocurrency and blockchain innovation.
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