Selini Capital, a global trading firm focused on systematic trading and venture investing all within the digital assets space, partnering with crypto exchanges offering liquidity and crypto trading, has received an in-principle approval for a crypto broker dealer license in Dubai through Dubai’s Virtual Asset Regulatory Authority (VARA).

Selini Capital’s is to promote ecosystem growth by helping to make digital asset markets more efficient and transparent. The company makes it easier for investors to transact by reducing price slippage and enabling orderly price discovery.

Jordi Alexander, who has 124K followers on X, in a recent CNBC interview noted that crypto prices short-term only react to immediate flows, but recent legislation including opening of US pensions to crypto is creating a huge fundamental shift.

Selini Capital when licensed in the UAE will join more than 28 crypto brokers and exchanges licensed in Dubai through VARA, in addition to those licensed in ADGM.