New VASP in Georgia for Sale

A VASP-licensed company in Georgia (Tbilisi) is available for sale, offering a ready-to-scale, compliant entry into the digital asset sector. The company was incorporated in 2023 and holds an active Virtual Asset Service Provider licence issued by the National Bank of Georgia, covering fiat–crypto / crypto–fiat exchange, wallet services, and virtual asset transactions, with both B2B and B2C onboarding capabilities.

Key Features

A key advantage is existing banking connectivity: the company maintains active multi-currency corporate accounts (GEL/USD/EUR) with three banks

License and Approved Activities

• Fiat-Crypto/Crypto-Fiat exchange,
• B2B and B2C onboarding
• Exchange
• Wallet
• Virtual asset transactions

Company Description

The business is fully established under the local regulatory regime with AML/CFT controls in place. While it has not yet moved into full commercial operation, its systems, compliance setup, and licensing are already implemented and operational in a test regime. The company has a lean cost base with key compliance functions, including an AML compliance officer, accounting support, and integrated KYC/AML tooling (including an assignable Sumsub arrangement and other screening/monitoring tools).

Operationally, the company has demonstrated traction with reported average monthly turnover of ~USD 200,000 and peak monthly turnover of ~USD 2,000,000, despite limited liquidity and no major marketing push, indicating clear scalability potential.

Transaction and Ownership

Transaction structure: sale of 100% of shares, with licence transfer subject to regulator approval. The deal includes the client base, banking relationships (transferable post-KYC/authorisation), KYC/AML software setup, and fully deployed technical infrastructure, plus a 30–60 day transition support period.

• Allocated Capital Approx. — USD 100,000
• Authorized Capital — 0 GEL
• Contractual Obligations — Lease and software licenses
• Director — monthly cost 5,000 — In line with executive market rates
• AML Compliance Officer — monthly cost 3,500-5,000 — Required under VASP guidelines