PRESSR: Tokinvest secures VARA’s first multi-asset issuance licence

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First published: 30-Sep-2025 09:23:45Dubai, UAE: Tokinvest, the regulated marketplace for real-world asset (RWA) tokenisation, today announces three major milestones: receipt of the first full multi-asset issuance licence from Dubai’s Virtual Assets Regulatory Authority (VARA), the complete sale of its first tokenised racehorse, and the close of a $3.2 million pre-seed funding roundWith its licence in hand, Tokinvest is now one of the few platforms globally authorised to issue and distribute tokenised real-world assets under a comprehensive regulatory framework.The company’s debut tokenisation project, a world-class racehorse in partnership with Evolution Stables, has sold out entirely, marking a first-of-its-kind achievement in fractionalised sports assets. Building on this momentum Tokinvest will soon launch tokenised property assets, opening access to retail investors the opportunities traditionally reserved for the elite. Early adopters can register on the waitlist to gain “Golden Hour” access, exclusive early entry to the platform before wider public availability. This limited window allows investors to secure priority allocations in upcoming real estate offerings, subject to regulatory approval and not yet available to the public. Other assets in regulatory approval pipeline include commodities, funds and bonds. Scott Thiel, CEO & Co-Founder of Tokinvest, said:“We set out to make investing in real-world assets as simple as buying a stock. Securing one of the first full issuance licences from VARA, closing our pre-seed round, and selling out our debut tokenised asset demonstrate both the market demand and the trust placed in Tokinvest. “What’s most exciting is that our first asset, based in New Zealand, has attracted investors from three countries, yet is issued from Dubai. It’s a clear signal that Dubai is not just setting the standard in regulation but also emerging as a global capital for asset formation and cross-border investment. We are proud to play a role in shaping Dubai’s leadership in this space, and grateful to VARA for their vision and partnership.”Alex Baddeley, CEO of Evolution Stables, added: “Partnering with Tokinvest to bring racehorse tokenisation to life was a groundbreaking step for us. The response has been phenomenal; it’s proof that technology can create access and passion-driven investment opportunities that were never possib...

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