The post Paribu Acquires CoinMENA for $240M, Expands to MENA Region appeared on BitcoinEthereumNews.com. Key Points: Paribu acquires CoinMENA for $240M to access MENA region. This is Turkey’s largest fintech acquisition to date. The acquisition facilitates Paribu’s entry into regulated markets. CoinMENA, a cryptocurrency exchange in the MENA region, has been acquired by Turkish platform Paribu for $240 million, marking Turkey’s largest fintech acquisition to date. This acquisition grants Paribu regulated access to MENA markets, strengthening its presence amid increasing crypto adoption in Turkey and the Middle East. Paribu’s $240M Acquisition: A Strategic Leap into MENA Paribu, led by CEO Yasin Oral, acquired CoinMENA, obtaining licenses from VARA and CBB. This strategic action allows them to serve the crypto-adoptive MENA market. CoinMENA operates with over 1.5 million users across 45 countries. Paribu, established as Turkey’s leading digital asset platform, secures regional presence through this acquisition. The transaction emphasizes expansion into regulated markets. Paribu desired broader geographic reach with regulatory compliance, highlighting MENA’s attractiveness for digital asset strategies. CoinMENA’s local expertise aligns well with Paribu’s ambitions, promising a comprehensive suite of digital asset services in the region. “This transaction is a turning point not only for Paribu but also for the digital asset and broader finance ecosystem in Türkiye and the MENA region. With this acquisition, we have expanded our licensed operations to a wider geography, becoming a regulated player in one of the world’s most crypto-adoptive markets. We are proud to be leading Türkiye’s largest fintech acquisition and its first international digital asset platform deal.” – Yasin Oral, Founder and CEO, Paribu Historical Significance and Future Prospects in Crypto Expansion Did you know? Historically, Paribu’s acquisition of CoinMENA is Turkey’s first cross‑border digital asset platform deal, marking a pivotal movement in the regional fintech landscape. Bitcoin (BTC) is priced at $89,553.34 with a market cap of $1.79 trillion and a 58.58% market dominance. Over… The post Paribu Acquires CoinMENA for $240M, Expands to MENA Region appeared on BitcoinEthereumNews.com. Key Points: Paribu acquires CoinMENA for $240M to access MENA region. This is Turkey’s largest fintech acquisition to date. The acquisition facilitates Paribu’s entry into regulated markets. CoinMENA, a cryptocurrency exchange in the MENA region, has been acquired by Turkish platform Paribu for $240 million, marking Turkey’s largest fintech acquisition to date. This acquisition grants Paribu regulated access to MENA markets, strengthening its presence amid increasing crypto adoption in Turkey and the Middle East. Paribu’s $240M Acquisition: A Strategic Leap into MENA Paribu, led by CEO Yasin Oral, acquired CoinMENA, obtaining licenses from VARA and CBB. This strategic action allows them to serve the crypto-adoptive MENA market. CoinMENA operates with over 1.5 million users across 45 countries. Paribu, established as Turkey’s leading digital asset platform, secures regional presence through this acquisition. The transaction emphasizes expansion into regulated markets. Paribu desired broader geographic reach with regulatory compliance, highlighting MENA’s attractiveness for digital asset strategies. CoinMENA’s local expertise aligns well with Paribu’s ambitions, promising a comprehensive suite of digital asset services in the region. “This transaction is a turning point not only for Paribu but also for the digital asset and broader finance ecosystem in Türkiye and the MENA region. With this acquisition, we have expanded our licensed operations to a wider geography, becoming a regulated player in one of the world’s most crypto-adoptive markets. We are proud to be leading Türkiye’s largest fintech acquisition and its first international digital asset platform deal.” – Yasin Oral, Founder and CEO, Paribu Historical Significance and Future Prospects in Crypto Expansion Did you know? Historically, Paribu’s acquisition of CoinMENA is Turkey’s first cross‑border digital asset platform deal, marking a pivotal movement in the regional fintech landscape. Bitcoin (BTC) is priced at $89,553.34 with a market cap of $1.79 trillion and a 58.58% market dominance. Over…

Paribu Acquires CoinMENA for $240M, Expands to MENA Region

2025/12/06 11:36
Key Points:
  • Paribu acquires CoinMENA for $240M to access MENA region.
  • This is Turkey’s largest fintech acquisition to date.
  • The acquisition facilitates Paribu’s entry into regulated markets.

CoinMENA, a cryptocurrency exchange in the MENA region, has been acquired by Turkish platform Paribu for $240 million, marking Turkey’s largest fintech acquisition to date.

This acquisition grants Paribu regulated access to MENA markets, strengthening its presence amid increasing crypto adoption in Turkey and the Middle East.

Paribu’s $240M Acquisition: A Strategic Leap into MENA

Paribu, led by CEO Yasin Oral, acquired CoinMENA, obtaining licenses from VARA and CBB. This strategic action allows them to serve the crypto-adoptive MENA market. CoinMENA operates with over 1.5 million users across 45 countries. Paribu, established as Turkey’s leading digital asset platform, secures regional presence through this acquisition.

The transaction emphasizes expansion into regulated markets. Paribu desired broader geographic reach with regulatory compliance, highlighting MENA’s attractiveness for digital asset strategies. CoinMENA’s local expertise aligns well with Paribu’s ambitions, promising a comprehensive suite of digital asset services in the region.

– Yasin Oral, Founder and CEO, Paribu

Historical Significance and Future Prospects in Crypto Expansion

Did you know? Historically, Paribu’s acquisition of CoinMENA is Turkey’s first cross‑border digital asset platform deal, marking a pivotal movement in the regional fintech landscape.

Bitcoin (BTC) is priced at $89,553.34 with a market cap of $1.79 trillion and a 58.58% market dominance. Over the past 24 hours, BTC saw a 3.11% price drop, with trading volume hitting $62.41 billion, according to CoinMarketCap data.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 03:31 UTC on December 6, 2025. Source: CoinMarketCap

Paribu’s expansion offers growth potential in both regulatory and technological dimensions. Their reach in the MENA region, backed by these new licenses, may catalyze innovation across the crypto and fintech sectors, aligning with historical trends of market consolidation and increased regulatory engagement.

Source: https://coincu.com/news/paribu-acquires-coinmena-240m/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out?

‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out?

The post ‘Love Island Games’ Season 2 Release Schedule—When Do New Episodes Come Out? appeared on BitcoinEthereumNews.com. LOVE ISLAND GAMES — Episode 201 — Pictured: Ariana Madix — (Photo by: Ben Symons/PEACOCK via Getty Images) Ben Symons/PEACOCK via Getty Images We’ve got a text! It’s time for another season of Love Island Games. With fan-favorites returning in hopes of winning the $250,000 cash prize, read on to learn more about Love Island Games Season 2, including the release schedule so you don’t miss a second of drama. Love Island Games is a spinoff in the Love Island franchise that first premiered in 2023. The show follows a similar format to the original series, but with one major twist: all contestants are returning Islanders from previous seasons of Love Island from around the world, including the USA, UK, Australia and more. Another big difference is that games take on much more importance in Love Island Games than the mothership version, with the results “determining advantages, risks, and even who stays and who goes,” according to Peacock. Vanderpump Rules star Ariana Madix is taking over hosting duties for Love Island Games Season 2, replacing Love Island UK star Maya Jama who hosted the first season. Iain Stirling returns as the show’s narrator, while UK alum Maura Higgins will continue to host the Saturday show Love Island: Aftersun. ForbesWho’s In The ‘Love Island Games’ Season 2 Cast? Meet The IslandersBy Monica Mercuri Jack Fowler and Justine Ndiba were named the first-ever winners of Love Island Games in 2023. Justine had previously won Love Island USA Season 2 with Caleb Corprew, while Jack was a contestant on Love Island UK Season 4. In March 2024, Fowler announced on his Instagram story that he and Justine decided to remain “just friends.” The Season 2 premiere revealed the first couples of the season: Andrea Carmona and Charlie Georgios, Andreina Santos-Marte and Tyrique Hyde,…
Share
BitcoinEthereumNews2025/09/18 04:50