CoinMENA Collaborates with Zodia Markets to Enhance Fiat-to-Crypto Liquidity

CoinMENA, licensed in both Bahrain and the UAE (CoinMENA B.S.C. and CoinMENA FZE, respectively), announces a partnership with Zodia Markets. Zodia Markets, a UK-based digital asset trading business backed by Standard Chartered, is renowned for its industry-leading trading infrastructure and operational efficiency.

This partnership aims to enhance liquidity and reduce slippage on high-volume trades for G10 and GCC currencies against a curated selection of stablecoins and crypto assets for CoinMENA users. Zodia Markets operates as a digital asset brokerage catering to institutional clients, facilitating seamless fiat-to-digital asset transactions across various currencies. CoinMENA provides a secure platform for both retail and institutional investors to engage in buying, selling, sending, receiving, and storing digital assets.

The collaboration leverages the strengths of both institutions, combining CoinMENA's extensive network of clients across the MENA region with Zodia Markets' expertise to establish a reliable gateway to digital assets.

CoinMENA co-founders Talal Tabbaa and Dina Sam’an expressed their enthusiasm for the partnership, noting its timely nature amid growing interest from investors. Ayad Butt, Head of Sales and Trading Africa and Middle East at Zodia Markets, highlighted the impressive evolution of the AME region, particularly UAE and Bahrain, over the past five years. He emphasized the importance of bridging traditional finance with digital assets for continued growth and adoption in the ecosystem. Both CoinMENA and Zodia Markets are excited about the transformative potential of this partnership, anticipating its significant impact on digital asset trading in the MENA region.