2025-12-05 10:20:49

Turkish exchange Paribu has just landed a major deal—acquiring CoinMENA, the largest local crypto platform in the MENA region, with the transaction price potentially reaching up to $240 million.

This deal sets a new record for acquisitions in Turkey's fintech sector and marks the country's crypto industry beginning to make significant expansions into regional markets.

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AirdropHarvester

· 2h ago

This move by Turkey is impressive; investing $240 million to directly enter the Middle East and North Africa. Looks like they're about to start grabbing territory.

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ForkThisDAO

· 12-05 22:11

Turkey is aiming to dominate the Middle East—Paribu made a smart move with this strategy.

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SatoshiSherpa

· 12-05 10:47

Turkey is really going hard with this move, dropping 240 million just for a piece of the Middle East pie. --- Paribu is going global now, that's a new fintech record. --- But honestly, it's kind of late for MENA to just start doing this now. --- Spending 240 million for a regional leader—whether it's worth it depends on how the integration goes. --- Turkish crypto companies are finally making some noise, haha.

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liquidation_surfer

· 12-05 10:42

Damn, 240 million dropped just like that? The Turks are starting to get serious.

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ConsensusDissenter

· 12-05 10:36

Bro, Turkey’s move this time is pretty wild—$240 million straight into the Middle East. Paribu is really starting to play chess now; everyone wants a piece of that Middle Eastern pie. If this deal actually goes through, the landscape in Asia will have to be reshuffled. But is $240 million a bit inflated? Feels like there’s going to be a discount. Suddenly Turkish fintechs are starting to consolidate, interesting. Looks like they’re trying to grab market share—wonder what other platforms think. Damn, the local advantage in MENA is about to disappear. Wait, where’s the funding for this deal coming from? Haven’t heard of Paribu raising money. Regional expansion via acquisitions—Turkey’s picked up that playbook too. Feels like Paribu is playing a big game; let’s wait and see.

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LiquidityOracle

· 12-05 10:27

Turkey is aiming to take over the entire Middle East and North Africa with this—$240 million invested, Paribu really has quite an appetite.

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GasWhisperer

· 12-05 10:22

paribu's really making moves in mena but ngl... 240m feels like they're pricing in hype cycles that haven't even materialized yet. mempool patterns suggest regional adoption's still pretty scattered tbh

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