Dubaibased cryptocurrency exchange platform BitOasis secures 30 million in Series B funding led by Jump Capital and Wamda

In a recent news update, the cryptocurrency exchange platform BitOasis, headquartered in Dubai, announced the completion of a $30 million Series B funding round. The round was led by Jump Capital and Wamda, with participation from Alameda Research, Digital Currency Group, NXMH, and Pantera Capital. The valuation information has not been disclosed yet. The new funds will be used to provide the resources needed to expand regional impact, while ensuring high standards of regulatory compliance and obtaining licenses where possible.