Crypto change Bitpanda and buying and selling platform CoinMENA have introduced a strategic alliance aimed toward bolstering the latter’s effectivity.
CoinMENA has operational licenses from the Central Financial institution of Bahrain and the Dubai Digital Asset Regulatory Authority (VARA). The platform’s strategic partnership with Bitpanda additionally seeks to spice up the Center East & North Africa centered crypto entity’s suite of accessible digital belongings services and products.
Market demand
In a remark, CoinMENA co-founders Dina Sam’an and Talal Tabbaa word:
“We are excited to partner 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 fulfill one of the most requested features from our users, enabling us to add new crypto assets more rapidly to meet market demands.”
Sam’an additionally commented on the partnership through a publish on X on Aug. 26.
Thrilled to announce our strategic partnership with @Bitpanda_global! Collectively, we’re enhancing buying and selling effectivity and increasing our crypto asset choices at @CoinMENA. This collaboration marks a major step ahead in our mission to offer customers with essentially the most dependable… pic.twitter.com/7nq2YwkFHM
— Dina Sam’an | دينا سمعان (@DinaSaman_) August 26, 2024
Bitpanda will act as a liquidity supplier for CoinMENA, enhancing the change’s buying and selling effectivity and consumer expertise.
“The MENA region is one of the most ambitious and innovative regions in the world when it comes to crypto assets,” Bitpanda international head Nadeem Ladki, famous. “Bitpanda Technology Solutions provides 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,” Ladki added.
Bitpanda not too long ago partnered with UAE’s RAKBANK to develop the digital belongings area within the UAE. The change has additionally joined forces with Coinmotion and struck a serious cope with Serie A giants AC Milan.