PANews|12月 05, 2025 09:15
[Turkey's Digital Asset Platform Paribu Acquires Majority Stake in CoinMENA, Valued at $240 Million]
According to Reuters, Turkey's digital asset platform Paribu announced on Friday that it has acquired a majority stake in the cryptocurrency trading platform CoinMENA, headquartered in Bahrain and Dubai. This transaction values CoinMENA at as much as $240 million. The deal marks Turkey's largest fintech transaction to date and its first cross-border acquisition of a digital asset platform. Paribu's founder and CEO, Yasin Oral, stated in a press release that this transaction is a 'turning point' for Paribu's expansion into the Middle East and North Africa region.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink