{"id":24315,"date":"2025-12-05T09:49:44","date_gmt":"2025-12-05T09:49:44","guid":{"rendered":"https:\/\/cryptounplugged.ai\/blog\/?p=24315"},"modified":"2025-12-05T09:49:45","modified_gmt":"2025-12-05T09:49:45","slug":"paribu-has-acquired-coinmena-menas-largest-local-crypto-exchange","status":"publish","type":"post","link":"https:\/\/cryptounplugged.ai\/blog\/paribu-has-acquired-coinmena-menas-largest-local-crypto-exchange\/","title":{"rendered":"Paribu Has Acquired CoinMENA, MENA\u2019s Largest Local Crypto Exchange"},"content":{"rendered":"\n

T\u00fcrkiye\u2019s leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East<\/a> and North Africa (MENA), in a transaction valuing the company at up to USD 240 million.<\/p>\n\n\n\n

The deal represents T\u00fcrkiye\u2019s largest fintech transaction to date and the country\u2019s first cross-border acquisition of a digital asset platform. It also underscores the ongoing consolidation of the global digital asset industry, as established regional players seek greater scale, regulatory strength, and broader market reach.<\/p>\n\n\n\n

With this acquisition, Paribu will expand its operations from its home market in T\u00fcrkiye into a region with high crypto adoption. Through CoinMENA, the local entity licensed by Dubai\u2019s Virtual Assets Regulatory Authority (VARA) and the Central Bank of Bahrain, Paribu will access two active digital asset licenses. This expanded regulatory footprint positions Paribu as one of the region\u2019s few regulated multi-jurisdiction operators and supports its strategy of compliance-driven growth into new markets.<\/p>\n\n\n\n

Paribu is among T\u00fcrkiye\u2019s leading companies in the digital asset and fintech sectors, pursuing a growth roadmap focused on regulatory compliance, product innovation, and geographic expansion. In 2024, Paribu introduced Paribu Custody, T\u00fcrkiye\u2019s first and only digital asset custody provider powered by its proprietary multi-layered security technology, ColdShield\u00ae. In October 2025, the Capital Markets Board (CMB) authorized Paribu to establish a brokerage firm, marking its entry into the capital markets. The acquisition of CoinMENA further strengthens Paribu\u2019s role as a regional fintech leader.<\/p>\n\n\n\n

Founded in 2020 by Talal Tabbaa and Dina Sam\u2019an, CoinMENA is a licensed crypto asset service provider operating under Bahrain and Dubai regulatory authorities. CoinMENA has raised nearly 20 million USD in total funding from investors, including BECO, Arab Bank Switzerland, Circle, and Bunat Ventures. The platform now serves more than 1.5 million users across 45 countries, offering access to over 50 cryptocurrencies and supporting multiple local currencies across the MENA region.<\/p>\n\n\n\n

Yasin Oral, Founder and CEO of Paribu, said:<\/p>\n\n\n\n

\u201cThis transaction is a turning point not only for Paribu but also for the digital asset and broader finance ecosystem in T\u00fcrkiye 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\u2019s most crypto-adoptive markets. We are proud to be leading T\u00fcrkiye\u2019s largest fintech acquisition and its first international digital asset platform deal.\u201d<\/p>\n\n\n\n

\u201cCoinMENA, the leading local crypto exchange in the MENA region, is an ideal partner for our regional expansion,\u201d Oral continued. \u201cWith this step, we are opening a new chapter in Paribu\u2019s growth journey, extending our presence into the MENA region and contributing to the ongoing consolidation of the global digital asset industry, building on the strong foundation we have established in T\u00fcrkiye.\u201d<\/p>\n\n\n\n

Talal Tabbaa and Dina Sam\u2019an, Co-Founders of CoinMENA, said in a joint statement:
\u00a0
\u201cThe MENA digital asset market continues to grow and mature, and joining forces with Paribu will help accelerate that momentum. By combining CoinMENA\u2019s regional expertise with Paribu\u2019s technology, we are poised to develop a comprehensive suite of digital asset products for users across T\u00fcrkiye and the MENA region. This acquisition is the most transformative milestone in CoinMENA\u2019s history. Paribu\u2019s investment validates the strength of what we have built, and together we aim to set new standards for access and innovation in the region\u2019s digital asset space.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

T\u00fcrkiye\u2019s leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the company at up to USD 240 million. The deal represents T\u00fcrkiye\u2019s largest fintech transaction to date and the country\u2019s first cross-border acquisition of a […]<\/p>\n","protected":false},"author":2,"featured_media":24318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-24315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"rttpg_featured_image_url":{"full":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"landscape":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"portraits":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"thumbnail":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20-150x150.jpg",150,150,true],"medium":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20-300x200.jpg",300,200,true],"large":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"1536x1536":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"2048x2048":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20.jpg",681,454,false],"post-thumbnail":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20-681x420.jpg",681,420,true],"graptor-sq-xs":["https:\/\/cryptounplugged.ai\/blog\/wp-content\/uploads\/2025\/12\/Untitled-20-100x100.jpg",100,100,true]},"rttpg_author":{"display_name":"Admin CG","author_link":"https:\/\/cryptounplugged.ai\/blog\/author\/admin-cg\/"},"rttpg_comment":0,"rttpg_category":"news<\/a>","rttpg_excerpt":"T\u00fcrkiye\u2019s leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the company at up to USD 240 million. The deal represents T\u00fcrkiye\u2019s largest fintech transaction to date and the country\u2019s first cross-border acquisition of a…","_links":{"self":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/24315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/comments?post=24315"}],"version-history":[{"count":1,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/24315\/revisions"}],"predecessor-version":[{"id":24319,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/posts\/24315\/revisions\/24319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/media\/24318"}],"wp:attachment":[{"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/media?parent=24315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/categories?post=24315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptounplugged.ai\/blog\/wp-json\/wp\/v2\/tags?post=24315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}