Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets

In a significant move reflecting its ambition to broaden its influence in the cryptocurrency sector, Turkey's prominent digital asset exchange, Paribu, has successfully acquired CoinMENA, a leading cryptocurrency platform based in the Middle East, in a remarkable deal valued at $240 million. This acquisition not only underscores Paribu's strategic intent to expand its operations but also positions the company to tap into the rapidly growing and evolving markets within the cryptocurrency landscape. By integrating CoinMENA into its portfolio, Paribu aims to enhance its service offerings, attract a wider customer base, and capitalize on the burgeoning demand for digital assets across diverse regions. source: https://www.coindesk.com/business/2025/12/05/turkey-s-paribu-buys-coinmena-in-usd240m-deal-expanding-into-high-growth-crypto-markets