Indian crypto exchange CoinDCX acquires BitOasis as part of international expansion plan

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Indian crypto exchange CoinDCX has acquired the Dubai-headquartered digital asset trading platform BitOasis for an undisclosed sum.

India’s largest crypto exchange CoinDCX acquired the Dubai-headquartered digital asset trading platform BitOasis as the first step in its international expansion plans.

BitOasis secured a license from the Central Bank of Bahrain in June, expanding its footprint in the Middle East and North Africa region having previously received an MVP Operational Licence from Dubai’s Virtual Asset Regulatory Authority last year. “Users can expect a broader product portfolio, enhanced crypto services offering, broader access to an expanded range of tokens, increased liquidity, improved trading options, and an overall enhanced user experience,” BitOasis co-founder and CEO Ola Doudin said.

 

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CoinDCX crypto exchange acquires BitOasis, expands into MENA regionCoinDCX, India’s largest crypto exchange, acquires BitOasis, marking its entry into the MENA market. The acquisition ensures regulated, secure trading and expanded offerings.
Source: Cointelegraph - 🏆 562. / 51 Read more »