The authorization, issued under license number VL/26/07/002, allows the exchange to onboard UAE customers while laying the groundwork for a broader rollout of its product suite. Flipster plans to leverage this framework to introduce real-world asset perpetuals, bridging the gap between traditional and digital financial instruments within a strictly monitored environment.

This transition follows the company’s regional entry in May 2025, spearheaded by General Manager Benjamin Grolimund. By aligning with VARA’s rigorous standards for governance and custody, the firm aims to solidify its position in one of the world's most sophisticated crypto ecosystems. The platform intends to prioritize investor protection and transparency as it scales its operations beyond the initial spot trading offerings.