CoinMENA B.S.C., a prominent crypto asset platform licensed by the Central Bank of Bahrain, along with its sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), has announced a significant strategic partnership. This collaboration is with Bitpanda Technology Solutions, a leading provider of digital assets infrastructure.
Objectives of the Partnership
The primary goal of this partnership is to enhance trading efficiency on CoinMENA's platform. Additionally, it aims to expand the variety of crypto assets available to users, offering a broader range of investment opportunities.
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 fulfil one of the most requested features from our users, enabling us to add new crypto assets more rapidly to meet market demands."
Enhancing Trading Efficiency and Asset Availability
Once fully implemented, CoinMENA will have the capability to integrate the most comprehensive selection of crypto assets available in the market. This integration will ensure that the platform meets user demands with the highest levels of safety and security.
Role of Bitpanda Technology Solutions
By incorporating Bitpanda Technology Solutions as a liquidity provider, CoinMENA will significantly boost trading efficiency. This collaboration will ensure that users receive the most competitive prices available in the market.
Reinforcing CoinMENA's Market Position
These enhancements will contribute to a smoother and more reliable trading experience for users. As a result, CoinMENA will further solidify its standing as a leading crypto asset service provider in the region.
Nadeem Ladki, Global Head, Bitpanda Technology Solutions, 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 is one of the world's most scalable providers of cryptocurrency infrastructure and digital assets. The world's most prestigious banks, fintechs, neobanks, and financial institutions already trust Bitpanda, a highly regulated leader in the market with a global presence. Bitpanda and CoinMENA will work closely with their respective regulators to guarantee complete compliance in all upcoming projects.
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