Paribu Acquires CoinMENA for 240 Million Dollars.

Paribu Acquires CoinMENA

Paribu has announced the acquisition of CoinMENA, based in Bahrain and Dubai, in a deal valued at up to 240 million dollars. This agreement stands out as the largest financial technology acquisition in Turkey and a first in the international cryptocurrency sector.

This strategic move targets the rapidly growing cryptocurrency user base in the Middle East and North Africa (MENA) region. Paribu also plans to leverage supportive regulatory frameworks in the region to drive growth.