The Good Tech Companies - Paribu Acquires CoinMENA, MENA’s Largest Local Crypto Exchange

Episode Date: December 5, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/paribu-acquires-coinmena-menas-largest-local-crypto-exchange. Türkiye’s leading digital asset platform has completed the country’s largest fintech transaction and its first cross-border digital asset platform acquisition, Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #paribu, #btcwire, #press-release, #paribu-announcement, #coinmena, #crypto-exchange, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Türkiye’s leading digital asset platform Paribu has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA) The deal represents Türkiy’S largest fintech transaction to date. It also underscores the ongoing consolidation of the global digital asset industry.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Paribu acquires Coin Mina, Mina's largest local crypto exchange, by BTC Wire. Istanbul, Turkey's leading digital asset platform Paribu today announced that it has acquired Coin Mina, the largest local crypto exchange in the Middle East and North Africa, Mina, in a transaction valuing the company at up to $240 million United States dollars. The deal represents Turkey's largest fintech transaction to date in the country's first cross-border acquisition of a digital asset platform. It also underscores the ongoing consolidation of the global digital asset industry, as established regional players seek greater scale, regulatory strength,

and broader market reach. With this acquisition, Paribu will expand its operations from its home market in Turkeya into a region with high crypto adoption. Through Coinmina, the local entity licensed by Dubai's virtual assets regulatory authority, VARA, and the Central Bank of Bahrain, Paribu will access two active digital asset licenses. This expanded regulatory footprint positions Paribu is one of the region's few regulated multi-jurisdiction operators and supports its strategy of compliance-driven growth into new markets. Paribu is among Turkey's leading companies in the digital asset and fintech sectors, pursuing a growth roadmap focused on regulatory compliance, product innovation, and geographic expansion. In 2024, Paribu introduced Paribu

custody, Turkey's first and only digital acid custody provider powered by its proprietary multi-layered security technology, Cold Shield. In October 2025, the Capital Markets Board, CMB, authorized Paribu to establish a brokerage firm, marking its entry into the capital markets. The acquisition of coin Mina further strengthens Paribu's role as a regional fintech leader. Founded in 2020 by Talal Tabah and Dina Samon, CoinMina is a licensed crypto asset service provider operating under Bahrain and Dubai regulatory authorities. CoinMina has raised nearly 20 million United States dollars in total funding from investors, including BECO, Arab Bank, Switzerland, Circle, and Bunadventures.

The platform now serves more than one, five million users across 45 countries, offering access to ver 50 cryptocurrencies and supporting multiple local currencies across the Mena region. Yusine Oral, founder and CEO of Paribu, said, greater than, this transaction is a turning point not only for Paribu but also for the greater than digital acid and broader finance ecosystem in Turkey and the Mena region. Greater than with this acquisition, we have expanded our licensed operations to a wider greater than geography, becoming a regulated player in one of the world's most greater than

crypto adoptive markets. We are proud to be leading Turkey's largest fintech greater than acquisition and its first international digital asset platform deal. Greater than Coin MENA, the leading local crypto exchange in the MENA region, is an ideal greater than partner for our regional expansion, Oral continued. With this step, we are greater than opening a new chapter in Paribu's growth journey, extending our presence into greater than the Mena region and contributing to the ongoing consolidation of the global greater than digital acid industry, building on the strong foundation we have established greater than in Turkey. Talalta Ba'a and Dina Saman, co-founders of Coinmina, said in a joint statement,

Greater Than, the Mina digital asset market continues to grow and mature, and joining greater than forces with Paribu will help accelerate that momentum. By combining Coinminas greater than regional expertise with Paribu's technology, we are poised to develop a greater than comprehensive suite of digital asset products for users across Turkey and the greater than Mina region. This acquisition is the most transformative milestone in greater than Koimina's history. Paribu's investment validates the strength of what we have greater than built, and together we aim to set new standards for access and innovation in greater than the region's digital asset space. About Paribu Paribu is Turkey's leading digital asset platform and a key player in the country's fintech ecosystem. The company

pursues a growth strategy focused on regulatory compliance, product innovation, and expansion into multiple geographies. In 2024, Paribu launched Paribu custody, Turkey's first and only digital acid custody provider powered by its proprietary multi-layered security technology, Cold Shield. In October 2025, the Capital Markets Board, CMB authorized Paribu to establish a brokerage firm, marking its entry into the capital markets. With the acquisition of Coin Mina, Paribu extends its regulated operations from Turkey into the MENA region. About CoinMina, a leading player in the MENA region, aims to empower both new and seasoned investors by providing accessible crypto asset investment options and enabling

them to participate in the emerging digital economy. Headquartered in the Kingdom of Bahrain, Coin Mena BSC, C, as licensed by the Central Bank of Bahrain, CBB, as a crypto asset service provider, Category 3. Coin Mena FSE, headquartered in the United Arab Emirates, is a licensed by the licensed as a broker-dealer virtual asset service provider, VASP, by Dubai's virtual assets regulatory authority, VARA. With competitive fees, high liquidity, and an educational approach, coin MENA aims to be the simplest and most trusted platform for digital assets in the region. For more information, please visit WWW CoinMena. Comedia Contact Airi Denghis Senior Manager, global marketing, Paribore, Denghis at Paribu.com. This story was published as a press release

by BTC Wire under Hackernoon Business Blogging Program. Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by artificial intelligence. Visit hackernoon.com to read, write, learn and publish.