Caladan

Singapore – October 14, 2026 -- Caladan's Cayman Islands entity, CLDN Cayman Ltd, has been registered with the Cayman Islands Monetary Authority (CIMA) as a Registered Person under the Securities Investment Business Act (SIBA), effective 7 October 2026.

Caladan builds its derivatives business on the Cayman registration

The proprietary trading group and digital asset liquidity provider plans to develop its institutional derivatives business through CLDN Cayman Ltd. The registration gives the firm a regulatory foundation in the Cayman Islands for that expansion.

Julia Zhou, President of Caladan, said the registration supports the next stage of the firm's institutional derivatives strategy.

DUBAI – October 05, 2026 -- Caladan's Dubai entity, CLDN Broker Dealer FZE, has secured In-Principle Approval (IPA) from Dubai's Virtual Assets Regulatory Authority (VARA) for Broker-Dealer Services, under reference IPA/26/09/004, dated September 15, 2026.

VARA grants preliminary clearance, not a full license

The approval allows Caladan to proceed toward a full VARA license but does not yet authorize the firm to provide broker-dealer services in or from Dubai. Once licensed, CLDN Broker Dealer FZE will serve institutional clients exclusively, with no retail client access permitted.