“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said.
Dubai-based cryptocurrency trading platform BitOasis is expanding in the Middle East and North Africa (MENA) with another major funding round.BitOasis closed a $30-million Series B funding round led by Chicago-based venture capital firm Jump Capital and Dubai-based VC company Wamda Capital, according to a Tuesday announcement.Wamda previously invested in BitOasis back in 2016, leading a seed funding round of an undisclosed sum. The latest round included new investors, such as Sam Bankman-Fried’s crypto trading firm Alameda Research, and Global Founders Capital, as well as existing investors, including Pantera Capital, Digital Currency Group and Belgium-based investment firm NXMH. The new funding will help the crypto exchange to further grow its presence in the MENA region as well as ensure regulatory
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