Paribu, Türkiye’s main crypto platform, has acquired CoinMENA for as much as $240 million. That is the biggest fintech deal in Turkish historical past. The transfer can be Türkiye’s first cross-border acquisition of a digital asset platform. With this settlement, Paribu strikes past its home market and flies its flag instantly into the fast-growing Center East and North Africa area.
Wu mentioned he has discovered that Turkish buying and selling platform Paribu has introduced the acquisition of CoinMENA, the biggest native cryptocurrency trade within the Center East and North Africa with a buying and selling valuation of as much as USD 240 million. The deal marks Turkiye’s largest fintech deal to this point. With this acquisition, Paribu will instantly purchase the 2 licenses that CoinMENA obtained from Dubai VARA and the Central Financial institution of Bahrain. CoinMENA was based in 2020 and has obtained over 20 critiques.
— Wu Shuo Blockchain (@wublockchain12) December 5, 2025
Extra importantly, the acquisition provides Paribu fast entry to 2 key regulatory licenses. CoinMENA already operates below the approval of VARA in Dubai and the Central Financial institution of Bahrain. A shortcut to full regulatory protection modifications the sport. As a substitute of ready years for brand spanking new approvals, Paribu can scale up shortly.
CoinMENA brings belief to customers, licenses and areas
CoinMENA launched in 2020 and has shortly change into probably the most trusted cryptocurrency exchanges within the MENA area. It presently serves greater than 1.5 million customers in 45 nations. The platform helps over 50 cryptocurrencies and a number of native fiat currencies. The trade constructed its fame round compliance and schooling. This has made it enticing not solely to customers but additionally to regulators and world traders.
CoinMENA beforehand raised practically $20 million from backers together with Circle, Arab Financial institution Switzerland, and Bunat Ventures. Now that the belief of the area has moved below the roof of Paribu. The businesses plan to mix Paribu’s know-how and safety stack with CoinMENA’s native experience. The aim is straightforward. Constructing probably the most strongly regulated crypto platforms in Türkiye and the whole MENA.
Paribu’s enlargement technique turns into a actuality
Paribu has been secretly making ready for such a transfer. In 2024, it launched Paribu Custody, Türkiye’s first devoted digital asset custody service. In October 2025, the Turkish Capital Market Fee accepted Paribu to determine a securities firm. So this deal did not simply occur out of the blue. Suits into a transparent playbook. First, construct sturdy native compliance.
Then, develop with regulation because the core. Paribu CEO Yassin Oral mentioned the partnership was a turning level. He mentioned the acquisition will make Paribu a regulated firm in one of many world’s most crypto-adopted areas. He additionally mentioned that this marks the start of a brand new chapter within the firm’s worldwide development.
MENA Cryptocurrency development meets Turkish fintech energy
CoinMENA founders Talal Tabbaa and Dina Sam’an mentioned the area’s crypto market is quickly maturing. They imagine that Paribu’s assist will assist speed up this development with higher infrastructure and a broader product providing. The deal additionally displays broader modifications within the business. Cryptocurrency exchanges have gotten consolidated. Small regional leaders at the moment are merging with deep-pocketed world corporations to outlive rising compliance prices and elevated regulation.
For Türkiye, the deal sends a transparent message. Particularly, native fintech corporations are now not simply serving native markets; As a substitute, they’re now competing on a worldwide stage. For the MENA area, it brings deeper liquidity, stronger know-how and new, stronger regulated operators. So, briefly, Paribu did not simply purchase an trade. You have purchased your self a passport to probably the most crypto-active areas. Consequently, $240 million is on the desk and the message that Turkey’s cryptocurrency has unfold to the world is heard loud and clear.
