Bitpanda Technology Solutions, a leading digital assets infrastructure provider, announced a strategic partnership with CoinMENA B.S.C., a leading crypto asset platform licensed by the Central Bank of Bahrain and sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA,. This collaboration aims to enhance trading efficiency on CoinMENA’s platform and expand the range of crypto assets available to its users.
Commenting on this, CoinMENA Co-Founders Dina Sam’an and Talal Tabbaa said: “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.”
When fully implemented, CoinMENA will have the ability to integrate the most complete range of crypto assets available on the market to meet the demands of its users safely and securely. By integrating Bitpanda Technology Solutions as a liquidity provider, CoinMENA will enhance trading efficiency, and ensure users receive the best possible prices. These improvements will deliver a smoother and more reliable trading experience, reinforcing CoinMENA’s position as a leading crypto asset service provider in the region.
Bitpanda Technology Solutions global head, Nadeem Ladki, added: “The MENA region is one of the most ambitious and innovative regions in the world when it comes to crypto assets. 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.”
Bitpanda Technology Solutions stands as one of the most scalable digital assets and crypto infrastructure providers globally. As a highly regulated leader in the industry, Bitpanda B2B business boasts a worldwide footprint and is already trusted by some of the world’s foremost financial institutions, banks, neobanks, and fintechs. Both Bitpanda and CoinMENA will collaborate closely with respective regulators to ensure full compliance in all future endeavours.
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By GlobalData