CoinMENA
| Private | |
| ISIN | 🆔 |
| Industry | Cryptocurrency exchange |
| Founded 📆 | 2019 |
| Founders 👔 | Dina Sam’an, Talal Tabbaa, Yazan Barghuthi |
Area served 🗺️ | |
Key people | Dina Sam’an (Co-founder & Managing Director), Talal Tabbaa (Co-founder & CEO), Yazan Barghuthi (Co-founder) |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
CoinMENA is a cryptocurrency exchange founded in 2019 and headquartered in Bahrain and Dubai. The platform allows users to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, and XRP. It operates under regulation from the Central Bank of Bahrain and the VARA in Dubai.[1][2]
History
CoinMENA was founded in 2019 by Dina Sam’an, Talal Tabbaa, and Yazan Barghuthi.[3]
In 2021, the company raised a US$9 million seed funding round to expand operations across the region.[3] In 2022, it expanded to Egypt,[4] and partnered with the Dubai World Trade Centre Authority to establish a crypto and blockchain hub in Dubai.[5]
By 2023, CoinMENA had received a broker-dealer license from Dubai’s VARA, further expanding its operations in the Gulf region.[2] The exchange also began using Bitpanda technology to expand its crypto-asset offerings.[6]
Regulation
CoinMENA is regulated by the Central Bank of Bahrain, which granted it a license as a crypto-asset platform operator in 2021.[1] In 2023, the company also became licensed by Dubai’s Virtual Assets Regulatory Authority (VARA).[2]
Partnerships and expansion
In 2025, CoinMENA entered into a partnership with Zand, a UAE-based digital bank, to facilitate fiat-to-crypto transactions across the Gulf region.[7]. CoinMENA has also been part of Ripple’s rollout of its stablecoin RLUSD, alongside exchanges such as Bitso and Uphold.[8] The company has expanded its services to other Middle Eastern countries, including Qatar,[9] and Iraq, where it enabled XRP trading.[10]
Recognition
CoinMENA was included in Forbes Middle East’s Fintech 50 list of 2025,[11] and its co-founder Dina Sam’an was named among the “20 Women Behind Middle Eastern Tech Brands” in 2022.[12]
See also
References
- ↑ 1.0 1.1 "Central Bank of Bahrain licences Sharia-compliant cryptocurrency exchange CoinMENA". Gulf Business. 2021-05-24. Retrieved 2025-09-07.
- ↑ 2.0 2.1 2.2 "CoinMENA secures Dubai VARA license for broker-dealer services". CoinGeek. 2023-09-12. Retrieved 2025-09-07.
- ↑ 3.0 3.1 "Bahrain's CoinMENA secures $9 million seed round". Wamda. 2021-11-29. Retrieved 2025-09-07.
- ↑ "CoinMENA expands to Egypt". Waya. 2022-06-15. Retrieved 2025-09-07.
- ↑ "CoinMENA partners with DWTC to set up crypto asset and blockchain hub in Dubai". Gulf Business. 2021-12-20. Retrieved 2025-09-07.
- ↑ "CoinMENA employs Bitpanda tech to expand crypto asset offering". FX News Group. 2023-07-04. Retrieved 2025-09-07.
- ↑ "Dubai's Zand and CoinMENA join forces on crypto investing". Khaleej Times. 2025-08-28. Retrieved 2025-09-07.
- ↑ "Ripple's RLUSD goes global with exchanges including CoinMENA". Fortune. 2024-12-17. Retrieved 2025-09-07.
- ↑ "Qatar welcomes first crypto exchange". Funds Global MENA. 2022-04-18. Retrieved 2025-09-07.
- ↑ "Investors in Iraq can now trade XRP seamlessly via CoinMENA". The Crypto Basic. 2023-04-20. Retrieved 2025-09-07.
- ↑ "CoinMENA". Forbes Middle East. 2025-04-01. Retrieved 2025-09-07.
- ↑ "Dina Saman". Forbes Middle East. 2022-03-08. Retrieved 2025-09-07.
This article "CoinMENA" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:CoinMENA. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
