CoinDCX Completes Acquisition of BitOasis, Expands Crypto Footprint in Middle East
The purchase of BitOasis, a cryptocurrency platform with a Middle Eastern emphasis, has been completed by Indias CoinDCX, both firms revealed in a joi
The purchase of BitOasis, a cryptocurrency platform with a Middle Eastern emphasis, has been completed by Indias CoinDCX, both firms revealed in a joint statement. After first purchasing a stake in BitOasis last year, CoinDCX now controls all of the companys shares. However, the specific financials were not made public. BitOasis is a 2016founded brokerdealer company with its headquarters located in Dubai. It operates under regulatory frameworks from organisations such as the Central Bank of Bahrain and VARA in the United Arab Emirates. Through the purchase, BitOasis hopes to strengthen its position in its serviced territory of fifteen nations and expand its range of services in line with the UAEs aspirations to become a significant worldwide centre for the cryptocurrency business.
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B2B Tech News | 19 days ago