CoinDCX Acquires Dubai-based BitOasis in Middle East Expansion

Jul 3, 2024, 10:40 AM

Indian cryptocurrency exchange CoinDCX has acquired Dubai-based BitOasis, marking its first foray into the Middle East market. This acquisition is a significant step in CoinDCX's international expansion strategy. BitOasis is a leading virtual assets trading platform in the MENA region. The financial terms of the deal were not disclosed. CoinDCX, which started as a small startup six years ago, has grown into a multi-product and multi-country organization. The news was reported by TechCrunch and JamieCrawleyCD.