BitOasis Appoints Jonathan Rigg as CEO to Lead Next Phase of MENA Expansion

Rigg will replace Ola Doudin, who co-founded BitOasis in 2016. Doudin has led the company for several years and helped it become one of the region’s leading crypto platforms.

The leadership change marks a new stage of growth for BitOasis as the company plans to strengthen its presence across the MENA region.

BitOasis has recorded around $8.5 billion in spot trading volume and serves retail investors, family offices, and institutions across the UAE, Bahrain, and other MENA markets.

"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.

"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.

"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.

In May 2025, BitOasis launched its platform in Bahrain after receiving a broker-dealer license from the Central Bank of Bahrain. This helped the company expand its regulated operations beyond the UAE.

BitOasis also offers an OTC trading service for institutional clients, providing the liquidity and reliable execution they need. The company has also received regulatory approval for derivatives products, which are expected to launch soon.

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