CoinMENA, a prominent cryptocurrency platform in the Middle East and North Africa (MENA) region, has revealed a strategic collaboration with Onramp Bitcoin, an international Bitcoin asset management company with a foundation in multi-institution custody. Onramp’s platform offers top-notch products and solutions tailored for High Net Worth Individuals (HNWI), Family Offices, and Institutions seeking a well-guided onboarding process for Bitcoin. Beyond facilitating market access, the partnership aims to empower MENA investors through high-quality Bitcoin educational resources, including exclusive written research, comprehensive video content, and analytical tools.
With licenses and regulation from both Dubai’s Virtual Asset Regulatory Authority (VARA) and the Central Bank of Bahrain (CBB), CoinMENA provides stable services for transitioning between traditional banking and digital assets. As part of their collaboration, CoinMENA and Onramp are set to explore innovative custody solutions specifically crafted for institutional investors. This collaboration follows Onramp’s recent announcement of a partnership with BitGo, CoinMENA’s existing custody partner.
In a joint statement, CoinMENA’s founders, Talal Tabbaa and Dina Sam’an, expressed their enthusiasm, stating, “This partnership addresses a market need for premium Bitcoin market research and aligns with our educational approach to empower regional investors. Our goal is to guide them in investing in Bitcoin based on sound logic and a deep understanding of its unique and fundamental properties. As Bitcoin establishes itself as a mainstream international asset class, providing insightful analysis becomes crucial for investors and asset managers, aiding them in making confident, long-term investment decisions.”
Onramp Co-Founder and CEO Michael Tanguma added, “Onramp acknowledges that bitcoin is a global asset, necessitating the widespread dissemination of valuable bitcoin-focused educational resources worldwide. Access to high-quality materials, combined with a first principles approach to custody, is the key to successful long-term bitcoin ownership. We are thrilled to partner with the CoinMENA team to provide tools and education to one of the fastest-growing regions in the digital asset space.”