Trust and safety continue as a central lever for customers as the brand scales across the region
DUBAI/BAHRAIN, September 2, 2026: BitOasis, a CoinDCX company and one of the Middle East and North Africa’s pioneer and leading regulated digital asset platforms, today announced the appointment of Jonathan Rigg as Chief Executive Officer.
Mr. Rigg succeeds Ola Doudin, who co-founded BitOasis in 2016 and has led the company over the past years to become the region’s most established crypto platform.
The appointment marks the next stage in BitOasis’s development as it deepens its presence across the MENA region. The platform has recorded approximately $8.5 billion in spot trading volume and serves a client base spanning retail investors, family offices and institutions across the UAE, Bahrain and the wider market.
“Over the years, we’ve worked to build more than a company; we’ve helped kickstart and lay the foundations for the digital asset industry across the region, and with that BitOasis has become one of the most trusted crypto brands across the GCC. From navigating an emerging market, achieving important regulatory milestones to serving more than a million customers in the region, every achievement has been the result of exceptional commitment towards our mission from day one. I couldn’t be more confident in handing the business over to Jonathan, whose experience and leadership make him the right person to lead BitOasis through its next phase of growth,” said Ola Doudin, Co-Founder of BitOasis.
“I am delighted to welcome Jonathan to the BitOasis family. He joins us as Chief Executive Officer at an important moment for the business, and I am confident his experience will help take the platform into its next chapter. I am deeply grateful to Ola for building an exceptional brand and an equally exceptional team, one that has been instrumental in enabling access to crypto across the region,” said Sumit Gupta, Co-Founder of CoinDCX. In 2024, CoinDCX, India’s leading crypto exchange, acquired BitOasis.
Mr. Rigg is a senior financial services commercial leader with an extensive track record spanning global banking, digital assets and fintech platforms. He has direct P&L ownership experience scaling businesses from pre-revenue to profitability, including the monetisation of crypto infrastructure; OTC trading, stablecoin payments and Banking as a Service. A hands-on operator, he has launched regulated platforms, built high-performing commercial teams, and is well connected across the region’s regulators, financial institutions and enterprise clients.
Mr. Rigg brings close to a decade of experience in global banking and markets, with previous roles at HSBC and Deutsche Bank, predominantly in prime brokerage and capital advisory. Most recently he spent three years at Fuze Finance as Vice President, Commercial, where he was part of the founding team and helped scale the business from inception.
“It’s an honour to join BitOasis at such an important point in its journey. Ola and the team have built an exceptional platform with a strong reputation across the region, and my role is to build on that foundation. Together, we will continue strengthening our products, expanding our capabilities, and delivering the high standards our customers, partners and regulators expect. Trust and safety will continue to remain a central lever in everything we do, ensuring customers can engage with confidence as the platform grows. BitOasis has played a defining role in shaping the digital asset ecosystem across the MENA region, and I’m excited to lead the company into its next chapter,” said Jonathan Rigg, incoming Chief Executive Officer of BitOasis.
In May 2025, the company launched BitOasis Bahrain following the grant of a broker dealer license from the Central Bank of Bahrain, extending its regulated footprint beyond the UAE. Its OTC desk now serves institutional clients with the liquidity and execution certainty they require, and the company has secured regulatory approval for derivatives products that are moving toward market launch.
“I am thrilled to welcome Jonathan at such a pivotal time for BitOasis. Having built a strong foundation of trust and regulatory compliance across the region, including our operations here in Bahrain, we are in a prime position for our next phase of growth. I look forward to working closely with him to further strengthen our brand, expand our footprint, and cement BitOasis as the leading, most trusted crypto platform across the MENA region,” said Ali Dashti, General Manager, BitOasis Bahrain.
These milestones, together with the continued integration with CoinDCX, position BitOasis at the center of the region’s digital asset ecosystem.
For more information, please contact
CoinDCX
Sharjil Shaikh
+91 9920231055
sharjil.shaikh@coindcx.com
Coindcx.com
Jayakrishnan Bhaskaran
O Z O N Marketing LLC
Phone: +971 55 9578237