Reported 12 months ago
India's CoinDCX has acquired Dubai's BitOasis, aiming to strengthen its position in the Middle East's crypto market. CoinDCX had previously acquired a stake in BitOasis and now owns the full share capital of the company. The deal will maintain BitOasis' brand and leadership team, allowing the company to enhance its services and expand its presence in the region, which covers 15 countries. This acquisition aligns with the UAE's goal of becoming a global crypto industry center, especially in Dubai, the Gulf's tourism and business hub.
Source: YAHOO