Luno has announced a significant milestone in its growth journey, securing a Class F Digital Asset Business (DAB) licence from the Bermuda Monetary Authority (BMA). The development marks an important step for the company as it expands its regulated presence beyond its traditional markets in Africa and Asia Pacific and strengthens its position as a global digital asset platform.
The announcement reflects Luno’s long-standing commitment to operating within established regulatory frameworks while building products and services that meet the evolving needs of both retail and institutional customers. Having spent more than 13 years prioritising security, compliance, and customer trust, the company continues to demonstrate that responsible growth remains central to its strategy.
The Bermuda licence provides Luno with a regulated base in one of the world’s most recognised digital asset jurisdictions. Bermuda has built a reputation for developing a regulatory environment specifically designed for digital asset businesses, creating a framework that balances innovation with oversight. For Luno, establishing a presence in such a jurisdiction not only strengthens regulatory credibility but also creates new opportunities to serve customers and partners on a global scale.
The licence comes at a time when Luno is sharpening its focus on institutional and B2B services. As the company expands beyond its consumer roots, it is increasingly supporting businesses that require digital asset infrastructure, cross-border settlement capabilities, and access to regulated crypto markets. According to Luno, the Bermuda licence will support the growth of its Crypto as a Service and Global Settlements offerings while extending its reach to customers outside its core markets.
Importantly, the licence broadens the range of services Luno International can provide. Under the DAB licence, the company can offer over-the-counter (OTC) trading across cryptocurrencies, tokenised stocks, tokenised commodities, and ZARU, a rand-backed stablecoin designed for institutional use and issued by Luno’s sister company, BlockTower. The licence also enables access to global spot markets and supports secure wallet infrastructure for the custody and transfer of digital assets.
The move reinforces Luno’s ambition to be more than a cryptocurrency exchange. As businesses and institutions increasingly explore blockchain-based solutions for payments, settlements, and digital asset management, demand is growing for trusted providers that can combine technological innovation with regulatory certainty. The Bermuda licence positions Luno to play a larger role in this evolving ecosystem while providing customers and partners with greater confidence in its operations.
For Luno, this latest achievement is less about entering a new jurisdiction and more about building the foundations for long-term international growth. It demonstrates the company’s belief that the future of digital assets will be shaped not only by innovation, but also by trust, compliance, and strong regulatory partnerships.
As the digital asset industry continues to mature, Luno’s Bermuda licence stands as a clear signal of the company’s ambitions. By expanding its regulated footprint and enhancing its ability to serve institutional clients globally, Luno is positioning itself for the next chapter of growth while remaining committed to the principles that have underpinned its success for more than a decade.