UAE / Firms / Kraken

Kraken

Kraken: 1 company holds an active VASP licence from Dubai's VARA (Payward FZCO, VL/26/10/002), permitted to serve retail, qualified and/or institutional investors. VARA register read 22 Oct 2026.

Status

VARA licence (active) · checked 22 Oct 2026
Status: Dubai VARA only (excluding the DIFC). ADGM FSRA permissions are shown as facts and on the ADGM page; SCA and DFSA licences are not covered.

VARA licence

Payward FZCO: VASP licence VL/26/10/002, issued 6 Oct 2026, status Active. Activities: Management and investment, Broker-dealer. Licence condition: “Permitted to serve Institutional Investors, Qualified Investors and Retail Investors.” Website listed by VARA: kraken.com. SCA register number CMA-VASP-0101000-0067. VARA register official

Brand

VARA lists https://www.kraken.com/ae as the website of Payward FZCO. VARA register official

ADGM FSRA register

Payward MENA Holdings Limited is shown on ADGM's FSRA register as Withdrawn since 19 Dec 2025 (FSP 190008, FSP date 12 Dec 2019). Virtual-asset activities it held: Operating a Multilateral Trading Facility, Providing Custody. Other group companies with different names are not matched. FSRA register official · all ADGM virtual-asset firms

Activity

Broker-dealer · major brand (Main licensed activity (exchange > broker-dealer > custody > other))

Public statement

Not applicable.

History

• 12 Dec 2019ADGM FSRA permission for Payward MENA Holdings Limited. — adgm.com official
• 19 Dec 2025ADGM FSRA permission of Payward MENA Holdings Limited withdrawn. — adgm.com official
• 6 Oct 2026VARA VASP licence issued to Payward FZCO (Management and investment, Broker-dealer). — vara.ae official

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