Türkiye’s Paribu Acquires MENA Crypto Exchange CoinMENA in $240 Million Deal
With this acquisition, Paribu will expand its operations from its home market in Türkiye into a region with high crypto adoption.
Türkiye’s leading digital asset platform Paribu, announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the company at up to USD 240 million.
The deal represents Türkiye’s largest fintech transaction to date and the country’s first cross-border acquisition of a digital asset platform. It also underscores the ongoing consolidation of the global digital asset industry, as established regional…
