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- CoinDCX, India’s top VASP, has invested in BitOasis.
- The investment will support BitOasis’ sustainable growth plans and help it acquire additional licenses.
- Both CoinDCX and BitOasis are leaders in their respective fields, committed to transparency and ethical conduct.
- The capital infusion will enable BitOasis to enhance its products and expand its market presence.
CoinDCX, India’s top Virtual Asset Service Provider (VASP), has made a significant investment in BitOasis, the primary crypto asset trading platform in the MENA (Middle East and North Africa) region. Other investors in BitOasis include Wamda Capital and Jump Capital.
This investment is a boost for BitOasis, as it aims to expand its reach and impact within the MENA region. The funding will support its sustainable growth plans and help realize its ambitious goals, which include acquiring additional licenses in the region. BitOasis is focused on serving both individual and institutional clients while striving to achieve profitability.
Both CoinDCX and BitOasis are leaders in their respective fields and share a commitment to transparency and safeguarding customer interests in the crypto markets. Since its establishment in 2016, BitOasis has been dedicated to providing a secure, compliant, and user-friendly platform for cryptocurrency transactions in the MENA region.
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Both BitOasis and CoinDCX are proactive in meeting regulatory requirements and maintaining the highest standards of ethical conduct.
Ola Doudin, the Co-Founder and CEO of BitOasis, expressed excitement about partnering with CoinDCX, India’s foremost crypto platform. She highlighted the alignment of their visions and goals, foreseeing a successful collaboration.
The capital infusion will enable BitOasis to enhance its existing products and expand its market presence, generating excitement about the potential opportunities this funding will bring.
Sumit Gupta, the Co-Founder and CEO of CoinDCX, shared his enthusiasm for investing in BitOasis, acknowledging its position as the largest crypto trading platform in the MENA region. The decision was based on BitOasis’ strong product offerings, capable leadership, and steadfast commitment to providing secure and compliant customer service.
