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 straight 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 alternate 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 up to now. With this acquisition, Paribu will straight purchase the 2 licenses that CoinMENA obtained from Dubai VARA and the Central Financial institution of Bahrain. CoinMENA was based in 2020 and has over 20 rankings.
— Wu Shuo Blockchain (@wublockchain12) December 5, 2025
Extra importantly, the acquisition offers Paribu quick entry to 2 key regulatory licenses. CoinMENA already operates beneath the approval of VARA in Dubai and the Central Financial institution of Bahrain. A shortcut to full regulatory protection modifications the sport. As an alternative of ready years for brand spanking new approvals, Paribu can scale up rapidly.
CoinMENA brings belief to customers, licenses and areas
CoinMENA began in 2020 and has rapidly turn into one of the trusted cryptocurrency exchanges within the MENA area. It at present serves greater than 1.5 million customers in 45 nations. The platform helps over 50 cryptocurrencies and a number of native fiat currencies. The alternate constructed its status round compliance and training. This has made it engaging not solely to customers but additionally to regulators and world buyers.
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 beneath 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 one of the strongly regulated crypto platforms in Türkiye and your complete MENA.
Paribu’s enlargement technique turns into a actuality
Paribu has been secretly getting 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 accredited Paribu to ascertain a securities firm. So this deal didn't simply occur out of the blue. Matches into a transparent playbook. First, construct robust native compliance.
Then, increase with regulation because the core. Yassin Oral, CEO of Paribu, 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 not simply serve the native market. As an alternative, they’re now competing on a world stage. For the MENA area, it brings deeper liquidity, stronger know-how and new, stronger regulated operators. So, in brief, Paribu didn't simply purchase an alternate. You've purchased your self a passport to one of the crypto-active areas. Because of this, $240 million is on the desk and the message that Turkey's cryptocurrency has unfold to the world is heard loud and clear.
