CoinMENA, a leading cryptocurrency platform in the Middle East and North Africa (MENA) region, has announced a strategic partnership with Onramp Bitcoin, an international company specializing in Bitcoin asset management and multi-institution custody.
Onramp Bitcoin’s platform caters to High Net Worth Individuals (HNWI), Family Offices, and Institutions, offering tailored products and solutions for a well-guided onboarding process into the world of Bitcoin. The collaboration goes beyond simply providing market access; it aims to empower MENA investors by delivering high-quality educational resources on Bitcoin, including exclusive written research, comprehensive video content, and analytical tools.
CoinMENA, holding licenses and regulatory approval from both Dubai’s Virtual Asset Regulatory Authority (VARA) and the Central Bank of Bahrain (CBB), offers stable services facilitating the transition between traditional banking and digital assets. As part of this collaboration, CoinMENA and Onramp plan to explore innovative custody solutions specifically designed for institutional investors. This partnership builds upon Onramp’s recent collaboration with BitGo, CoinMENA’s existing custody partner.
In a joint statement, CoinMENA’s founders, Talal Tabbaa and Dina Sam’an, expressed their excitement, stating, “This partnership addresses a market need for premium Bitcoin market research and aligns with our educational approach to empower regional investors. Our goal is to guide them in investing in Bitcoin based on sound logic and a deep understanding of its unique and fundamental properties. As Bitcoin establishes itself as a mainstream international asset class, providing insightful analysis becomes crucial for investors and asset managers, aiding them in making confident, long-term investment decisions.”
Michael Tanguma, Onramp’s Co-Founder and CEO, added, “Onramp acknowledges that bitcoin is a global asset, necessitating the widespread dissemination of valuable bitcoin-focused educational resources worldwide. Access to high-quality materials, combined with a first principles approach to custody, is the key to successful long-term bitcoin ownership. We are thrilled to partner with the CoinMENA team to provide tools and education to one of the fastest-growing regions in the digital asset space.”