CoinDCX has announced the appointment of Jonathan Rigg as Chief Executive Officer of BitOasis, a pioneering and leading regulated digital asset platform in the Middle East and North Africa (MENA) region.
Rigg succeeds Ola Doudin, who co-founded BitOasis in 2016 and has led the company through its evolution into one of the region’s established digital asset platforms. CoinDCX acquired BitOasis in 2024, strengthening its international presence and establishing a strategic foothold in the evolving MENA digital asset market.
Commenting on the appointment, Sumit Gupta, Co-Founder, CoinDCX, said, “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.”
The leadership transition comes as BitOasis looks to deepen its presence across the UAE and the broader MENA region. The platform has facilitated more than $8 billion in spot trading volume and built a client base comprising retail investors, family offices and institutions across the UAE and wider MENA region.
Ola Doudin, Co-Founder of BitOasis, highlighted the company’s journey and expressed confidence in Rigg’s leadership, noting that his experience and leadership make him well positioned to lead BitOasis through its next phase of growth.
Rigg brings extensive experience as a fintech and digital assets commercial leader across the MENA region, with experience spanning global banks and high-growth crypto and Web3 platforms. He has held direct P&L ownership and has experience scaling a digital asset business from pre-revenue to profitability. His expertise includes crypto infrastructure, OTC trading, stablecoin payments and Banking as a Service. He has also launched regulated platforms and built commercial teams across the region.
“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.
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. Prior to joining BitOasis, 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. His experience spans both traditional financial services and digital assets.
