ARP Digital, an institutional digital asset infrastructure provider, has secured a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority, allowing the Bahrain-based firm to offer regulated conversions between digital assets and the UAE dirham.According to ARP Digital, the license covers United Arab Emirates-based corporates, capital markets participants and qualified investors, including conversions between stablecoins and dirhams. The company said it will also provide institutions with a regulated route to convert digital asset capital for deployment into local UAE assets.The approval marks ARP Digital’s second regulated Gulf market. The firm is licensed by the Central Bank of Bahrain, where it says…

SharpLink, the second-largest Ether treasury company, reported a net loss of $394 million for the second quarter of 2026, compared to a $103 million net loss during the same period last year. The loss included $321 million in unrealized crypto losses and $76 million in impairments on staked Ether (ETH) tokens, according to a Monday announcement. The Miami, Florida-based Ether treasury company said it generated $11.5 million in revenue, including $11.1 million from ETH staking. Cash and cash equivalents totaled $56 million, up from $28 million in December 2025.SharpLink holds 632,784 Ether, worth $1.2 billion, and 181,321 ETH, or $343 million, through…

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