BitOasis, a cryptocurrency trading platform operating in the MENA region, has secured a significant financial investment from CoinDCX, India’s most valuable crypto exchange and the first crypto unicorn in the country. This investment represents CoinDCX’s initial foray into the MENA region and is intended to bolster BitOasis’ standing as a prominent Virtual Asset Service Provider (VASP) within the region while enhancing its local presence.
Ola Doudin, Co-founder and CEO of BitOasis, expressed her enthusiasm about this collaboration with CoinDCX, a leading crypto platform in India, emphasising their shared vision and synergies across their respective markets. She stated, “The investment will empower us to refine our existing products and expand our reach across our markets. We are eagerly anticipating the opportunities this funding will unlock for us.”
Sumit Gupta, Co-Founder and CEO of CoinDCX, conveyed his excitement about investing in BitOasis, the largest crypto trading platform in the MENA region. He commended BitOasis for its exceptional product offerings, strong leadership, and unwavering commitment to serving customers securely and in compliance with regulations.
BitOasis has been serving the MENA region since 2016 and operates in more than 15 countries, solidifying its presence as a prominent player in the cryptocurrency exchange arena.
