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Cryptocurrency exchange platform enabling users in the Middle East and North Africa to buy, sell, and store digital assets securely.
BitOasis is a retail cryptocurrency exchange platform based in Dubai, United Arab Emirates, that enables users across the Middle East and North Africa to securely buy, sell, and store digital assets. The financial technology company provides a localized digital wallet infrastructure and supports trading for more than 60 virtual currencies, including Bitcoin and Ethereum, generating its revenue primarily through transaction fees. It serves retail investors throughout the Gulf Cooperation Council and the broader MENA region, with operations extending to regional markets such as Saudi Arabia, Kuwait, Bahrain, Egypt, and Morocco. To date, the enterprise has raised $30 million in Series B funding, securing financial backing from prominent venture capital firms including Jump Capital, Pantera Capital, Digital Currency Group, and Global Founders Capital. The cryptocurrency exchange BitOasis was founded in 2015 by Ola Doudin and Daniel Robenek.
BitOasis has raised $30.0M across 1 funding round.
BitOasis has raised $30.0M in total across 1 funding round.
BitOasis has raised $30.0M in total across 1 funding round.
BitOasis's investors include Peter Johnson, Alameda Research, Digital Currency Group, Global Founders Capital, NXMH, Pantera Capital, Fares Ghandour.
BitOasis has raised $30.0M across 1 funding round. Most recently, it raised $30.0M Series B in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 10, 2021 | $30.0M Series B | Peter Johnson | Alameda Research, Digital Currency Group, Global Founders Capital, NXMH, Pantera Capital, Fares Ghandour |