CoinMENA strategically partners with Zodia Markets
They highlighted the partnership with Zodia Markets as a means to enhance service offerings and provide investors with efficient avenues for digital asset trading.
CoinMENA B.S.C., a leading crypto asset platform licensed by the Central Bank of Bahrain, and its sister company CoinMENA FZE, licensed by the Dubai Virtual Asset Regulatory Authority (VARA), have proudly announced a strategic partnership with Zodia Markets. Zodia Markets, a UK-based digital asset trading business backed by Standard Chartered, is renowned for its industry-leading trading and operational infrastructure.
The partnership aims to provide CoinMENA users with enhanced liquidity and reduced slippage on high-volume trades involving G10 and GCC currencies, paired with a list of carefully vetted stablecoins and crypto assets. Zodia Markets operates as a digital asset brokerage for institutional clients, offering seamless fiat-to-digital asset transactions across multiple currencies.
CoinMENA serves as a crypto asset platform catering to both retail and institutional investors, facilitating secure transactions for buying, selling, sending, receiving, and storing digital assets. By leveraging the strengths of both platforms, the partnership establishes a reliable gateway to digital assets, combining CoinMENA’s extensive network across the MENA region with Zodia Markets’ industry-leading capabilities.
Talal Tabbaa and Dina Sam’an, co-founders of CoinMENA, expressed their enthusiasm for the partnership, citing the increased interest from retail and institutional investors. They highlighted the partnership with Zodia Markets as a means to enhance service offerings and provide investors with efficient avenues for digital asset trading.
Ayad Butt, Head of Sales and Trading Africa and Middle East at Zodia Markets, emphasized the impressive evolution of the AME region, particularly UAE and Bahrain, over the past few years. He underscored the importance of bridging traditional finance with digital assets to drive growth and adoption in the ecosystem. Ayad expressed excitement about the efficiencies the partnership will bring to digital asset trading in the region.
Both CoinMENA and Zodia Markets are optimistic about the transformative impact of the partnership on digital asset trading in MENA, anticipating a journey of innovation and growth ahead.
