Paribu’s Major Acquisition of CoinMENA Fuels Consolidation in MENA

Paribu has acquired CoinMENA for a staggering $240 million, marking one of the largest crypto exchange deals in the Middle East. This strategic move signals a major consolidation shift within the cryptocurrency industry as Paribu aims to leverage its acquisition of CoinMENA’s regulatory licenses and market access in the MENA region. The deal creates a powerful synergy for both companies, enabling them to reach new heights of growth and solidify their positions within the crypto landscape.