CosmicTaco

CoinDCX Acquires BitOasis in International Expansion Push

CosmicTaco · 2024-07-10T15:18:59.890078+05:30

- CoinDCX, India's leading cryptocurrency exchange, has acquired BitOasis, a digital asset platform in the Middle East and North Africa. - BitOasis's team will join CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in over 60 tokens. - The financial terms of the deal were not disclosed, but BitOasis investors will receive equity in CoinDCX. - The acquisition comes amid regulatory challenges in India, pushing CoinDCX to expand internationally. - CoinDCX aims to become the global go-to trading platform for crypto, starting with the MENA region.

CoinDCX, India's leading cryptocurrency exchange, has acquired BitOasis, a digital asset platform in the Middle East and North Africa.
BitOasis's team will join CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in over 60 tokens.
The financial terms of the deal were not disclosed, but BitOasis investors will receive equity in CoinDCX.
The acquisition comes amid regulatory challenges in India, pushing CoinDCX to expand internationally.
CoinDCX aims to become the global go-to trading platform for crypto, starting with the MENA region.