Alameda Research backed the crypto exchange’s series B round as it looks to expand across the Middle East and North Africa.

UAE-based cryptocurrency exchange BitOasis has completed a $30m series B round featuring quantitative trading firm Alameda Research.

Venture capital firms Jump Capital and Wamda Capital co-led the round, which was filled out by Global Founders Capital, Pantera Capital, NXMH and Digital Currency Group.

BitOasis runs an online platform that lets users buy, sell and trade cryptocurrencies, and surpassed $3bn in total trading volume in August this year. It plans to use the capital to fuel its expansion across the Middle…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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