• Crypto exchange BitOasis announced it had raised funds in a fresh investment round, with Indian crypto exchange CoinDCX as an investor.
• The company says the investment will allow it to expand its operations and products in the MENA region.
• Details of the investment round or the amount raised weren’t made public.

Dubai-based crypto exchange BitOasis has raised funding from investors in a new investment round, according to a Bloomberg report. The company says the funding will allow it to expand its operations and products.

Indian-based crypto exchange CoinDCX was listed as one of the investors in the funding round. Other existing BitOasis investors, Wamda Capital and Jump Capital, also joined in the round, the company said.

The company says the investment received in the round will help it break into other markets. Speaking on the development, BitOasis co-founder and chief executive Ola Doudin noted, “The investment will allow us to sharpen our focus on perfecting our existing products and expanding across our markets.”

Likewise, Sumit Gupta, co-founder and chief executive of CoinDCX, said his company was impressed with BitOasis. Notably, the CoinDC…

The post BitOasis Raises Funds to Expand its Operations in the MENA Region appeared first on Coin Edition.

• Crypto exchange BitOasis announced it had raised funds in a fresh investment round, with Indian crypto exchange CoinDCX as an investor.
• The company says the investment will allow it to expand its operations and products in the MENA region.
• Details of the investment round or the amount raised weren’t made public.

Dubai-based crypto exchange BitOasis has raised funding from investors in a new investment round, according to a Bloomberg report. The company says the funding will allow it to expand its operations and products.

Indian-based crypto exchange CoinDCX was listed as one of the investors in the funding round. Other existing BitOasis investors, Wamda Capital and Jump Capital, also joined in the round, the company said.

The company says the investment received in the round will help it break into other markets. Speaking on the development, BitOasis co-founder and chief executive Ola Doudin noted, “The investment will allow us to sharpen our focus on perfecting our existing products and expanding across our markets.”

Likewise, Sumit Gupta, co-founder and chief executive of CoinDCX, said his company was impressed with BitOasis. Notably, the CoinDC…

The post BitOasis Raises Funds to Expand its Operations in the MENA Region appeared first on Coin Edition.