Proud to share the news that @bitoasis has been acquired by @CoinDCX. This is a big milestone for us at BitOasis and a first of its kind M&A deal for the crypto space in the Middle East! We've been the first platform to launch in the region, ushering the crypto adoption across our markets and today with this deal we're taking the space to a new level of maturity.
Excited to be partnering with @smtgpt and @nrjkhandelwal on the next chapter of growth for @bitoasis and DCX Group. Our common vision for our markets made this deal a natural progression from their initial investment in 2023.
Grateful to our users, partners, phenomenal team and investors who supported us along the way.
Stay tuned for more exciting updates and our big plans for the region!
You can read more on our blog: https://t.co/7D7plIIT1G
Excited to share that CoinDCX has acquired BitOasis, the leading crypto platform in the MENA region!
In six years, @CoinDCX has gone from a small startup to a multi-product and now multi-country organization.
This first-of-its-kind transformative deal will empower us to expand our presence and impact globally. w/@nrjkhandelwal, @odoudin
A short thread on why and how. 🧵👇
#BitOasis has secured investment from @CoinDCX, India’s highest-valued Virtual Asset Service Provider (VASP). The new capital will support BitOasis’ vision to amplify its regional presence, and ensure sustainable growth.
https://t.co/eKYzcnJ2P7
We're proud to be the first platform to receive VARA’s MVP Operational License last week.
This is an important milestone for @bitoasis , the Emirate of Dubai and the growing UAE crypto ecosystem.
https://t.co/fHOKDdlOdU
As part of the growing crypto ecosystem, we are engaging with regulators closely. We are humbled to receive the new crypto license from Dubai's VARA 🎉 https://t.co/Reeas2I6gn