CoinDCX acquires Dubai’s BitOasis in West Asia expansion

Indian crypto exchange CoinDCX on Wednesday said it has acquired Dubai-based BitOasis, a first step in the company’s plans to expand globally. The company, however, did not disclose the cost of acquisition.

“Our expansion strategy begins with the MENA (Middle East and North African) region, capitalising on its mature market and the population’s keen interest in crypto investment,” said Sumit Gupta, co-founder of CoinDCX.