BitOasis Keeps Brand and Leadership Following CoinDCX Acquisition To Establish Foothold in MENA

This post was originally published on The FinTech Times

CoinDCX, the Indian crypto exchange, has solidified its position in the Middle East and North African (MENA) fintech market as it has acquired BitOasis, the virtual assets trading platform which recently acquired a new licence in the Kingdom of Bahrain and reopened its platform in Dubai.

The acquisition will empower BitOasis to strengthen and expand its presence across the region in the virtual assets ecosystem, licensed and regulated in multiple markets. Having registered with the UAE Financial Intelligence Unit in 2021, BitOasis has maintained strong relationships with regulators across the region. Last year, CoinDCX invested in BitOasis as it looked to bolster its presence in MENA. However, by now investing in the firm, the company will have an even stronger foothold in the region.

BitOasis’ brand and leadership team will remain unchanged following the acquisition, fostering seamless synergy and collaboration between both organisations.

Sumit Gupta, co-founder of CoinDCXSumit Gupta, co-founder of CoinDCX

Sumit Gupta, co-founder of CoinDCX said: “Building on six years of success and supporting more than 15 million Indians in their crypto journey, CoinDCX aims to become the go-to trading platform for crypto worldwide. For us, investor protection has been

Read the rest of this post, which was originally published on The FinTech Times.

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