Paribu Acquires CoinMENA for $240M to Enter Bahrain and Dubai Markets

Published at 2025-12-05 16:01:11

Paribu announced a $240 million acquisition of CoinMENA, securing regulated footholds in Bahrain and Dubai and immediate access to the region’s expanding retail and institutional users. The deal gives Paribu licensed operations in two key Gulf financial centers, easing compliance hurdles and opening local fiat rails and custody capabilities that are often prerequisites for deeper market penetration.

The move underscores the MENA region’s growing appeal to global exchanges and could accelerate competition for market share and liquidity there. For Paribu, the purchase is a strategic shortcut to scale beyond Turkey: it strengthens regulatory credentials, broadens product reach, and positions the company to capture higher trading volumes as regional crypto adoption and institutional interest continue to rise.

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