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CosmicTaco
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Grapevine

CoinDCX Acquires BitOasis in International Expansion Push

  • CoinDCX, India's leading cryptocurrency exchange, has acquired BitOasis, a digital asset platform in the Middle East and North Africa.
  • BitOasis's team will join CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in over 60 tokens.
  • The financial terms of the deal were not disclosed, but BitOasis investors will receive equity in CoinDCX.
  • The acquisition comes amid regulatory challenges in India, pushing CoinDCX to expand internationally.
  • CoinDCX aims to become the global go-to trading platform for crypto, starting with the MENA region.
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