WadzPay “bridges the gap between fiat currencies and virtual assets,” according to Anish Jain, founder and CEO. Its blockchain-based platform powers a range of applications, from digital currency wallets to token-based loyalty programs and fractional ownership of real-world assets. Founded in Singapore, the company opened its Dubai offices in 2022. With bases across the globe, Jain says a main attraction of the emirate was its “supportive regulatory environment.” Contact Us A Launchpad For Global Ambitions November 18, 2024 A launchpad for global ambitions WadzPay holds a Virtual Asset Services Provider (VASP) licence from Dubai’s Virtual Asset Regulatory Authority (VARA) – the world’s first virtual asset-specific regulator. Jain describes the licence – issuance of which is subject to meeting pre-operating requirements and qualifications – as a “pivotal advancement for WadzPay… enhancing trust and credibility among stakeholders.”
