Woofun AI reports that Tribe Tokenisation FZE has been awarded the 50th virtual asset service provider license by Dubai’s Virtual Assets Regulatory Authority. The approval places the real-world asset tokenization platform under VARA’s structured regulatory framework, which mandates a trial or operational probation period before the firm can fully onboard customers or offer services. This licensing milestone underscores Dubai’s continued expansion of its digital asset ecosystem, requiring new entrants to demonstrate compliance with risk management and operational readiness standards during the phased oversight process.