CoinMENA: Turkey’s Paribu Acquires Majority Stake, Valued at $240M
When we heard that Paribu, a leading crypto platform in Türkiye, bought a majority stake in CoinMENA, the news caught our attention immediately. The acquisition values CoinMENA at up to USD 240 million. This deal is not just big for the two companies. It stands as Türkiye’s largest fintech transaction ever, and the first time a Turkish digital‑asset firm has bought a cross‑border crypto platform. With this move, Paribu and CoinMENA aim to create a stronger, regulated platform that links Türkiye and the broader Middle East and North Africa (MENA) region. The deal signals a shift, growth that crosses borders and embraces regulatory compliance across jurisdictions.
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