Türkiye’s leading digital asset platform has acquired CoinMENA in a transaction valued at up to USD 240 million. The deal represents Türkiye’s largest fintech transaction to date. It also marks the country’s first cross-border acquisition of a licensed digital asset platform. As the global crypto industry consolidates, regional leaders are seeking stronger regulatory foundations, greater scale, and wider market access.
Strengthening Regional Regulatory Presence
By integrating CoinMENA’s operations, Paribu now enters two advanced regulatory markets with live digital asset frameworks. CoinMENA holds licenses from Dubai’s Virtual Assets Regulatory Authority and the Central Bank of Bahrain. Therefore, Paribu becomes one of the region’s few regulated multi-jurisdiction operators. This supports its compliance-driven expansion strategy while enabling access to a fast-growing crypto-adoptive population. Paribu has already been advancing technology and governance standards through Paribu Custody and its upcoming capital markets brokerage firm.
Building a Unified Growth Platform
CoinMENA serves more than 1.5 million users across 45 countries. It offers over 50 cryptocurrencies and supports multiple local currencies. Its acquisition unlocks new commercial synergies, combining Paribu’s technology and product innovation with CoinMENA’s regional market knowledge. Together, they will scale digital asset access and introduce next-generation trading, custody, and financial services for users in Türkiye and the wider MENA region.
