CoinDCX acquires BitOasis in international expansion push
Posted on AllSides July 3rd, 2024
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CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens. BitOasis will also retain its branding, CoinDCX told TechCrunch. Dubai-based BitOasis had secured over $40 million in funding during its eight-year history. The two firms didn’t disclose the financial terms of the deal, but a CoinDCX...
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