BitOasis, was formed in the United Arab Emirates in 2015 and is the leading virtual asset exchange for the GCC and wider MENATP region – enabling over 250,000 registered and KYC’d retail (and institutions) investors to securely buy, sell and hold over 40 virtual assets on its platform. Over USD $4bn in virtual asset trades have been successfully completed on the platform since inception of which USD $1.7bn was traded in 2021.

BitOasis collaborates with regulators and governments and is currently finalising or obtaining licenses in/with (a) the Abu Dhabi Global Market (Multi-Lateral Trading Facility & Custodian); (b) the Dubai World Trade Centre Authority (DWTCA) (MVP License); and the Central Bank of Bahrain (Brokerage)

BitOasis’s United Arab Emirates platform is the only Virtual Asset Service Provider (VASP) to be registered with, and report to, the UAE Government’s Financial Intelligence Unit (FIU) in line with UAE federal legislation. Similarly BitOasis Turkey is registered with the Turkish Financial Crimes Board (MASAK).

To date the Company has raised approximately USD $40m in venture capital from the likes of Jump Capital, Pantera Capital, Alameda Research, Digital Currency Group, and Wamda Capital.

BitOasis employs 170 full-time employees across the region in Dubai, Abu Dhabi, Riyadh, Amman, and Istanbul with Bahrain expected in Q4 2022.