Manama, Bahrain – August 27, 2024 — CoinMENA B.S.C., a leading crypto asset platform licensed by the Central Bank of Bahrain, along with its sister company CoinMENA FZE, regulated by the Dubai Virtual Asset Regulatory Authority (VARA), has announced a strategic partnership with Bitpanda Technology Solutions, the premier digital assets infrastructure provider. This collaboration is set to significantly enhance trading efficiency on the CoinMENA platform and broaden the range of crypto assets available to its users.
The partnership marks a significant milestone for CoinMENA as it seeks to fulfill one of its users’ most requested features—rapidly expanding the available crypto assets on its platform. By integrating Bitpanda Technology Solutions as a liquidity provider, CoinMENA will ensure that its users receive the most competitive prices, thereby delivering a smoother, more reliable trading experience.
Dina Sam’an and Talal Tabbaa, Co-Founders of CoinMENA, expressed their enthusiasm for the partnership: “We are thrilled to join forces with Bitpanda Technology Solutions, an industry leader that shares our commitment to providing top-tier crypto asset trading services. This collaboration will not only enhance trading efficiency but also enable us to meet market demands by adding new crypto assets more rapidly.”
When fully implemented, CoinMENA will be able to integrate the most comprehensive range of crypto assets available on the market, all while maintaining stringent safety and security standards. This strategic alliance will reinforce CoinMENA’s position as a leading crypto asset service provider in the MENA region.
Nadeem Ladki, Global Head of Bitpanda Technology Solutions, highlighted the significance of the partnership for the region: “The MENA region is one of the most ambitious and innovative regions in the world when it comes to crypto assets. Bitpanda Technology Solutions is proud to provide institutions in the region access to one of the broadest ranges of crypto assets available, in a fully modular way, all with a highly regulated and trusted partner.”
Bitpanda Technology Solutions, recognized as one of the most scalable digital assets and crypto infrastructure providers globally, boasts a strong regulatory foundation and a worldwide footprint. The company is already trusted by some of the world’s leading financial institutions, banks, neobanks, and fintechs. Moving forward, both Bitpanda and CoinMENA will collaborate closely with their respective regulators to ensure full compliance in all future endeavors.
This partnership underscores CoinMENA’s commitment to providing its users with the best possible trading experience while maintaining its status as a trusted leader in the regional crypto market.
