GEORGE TOWN, Cayman Islands, April 09, 2025 — Toobit, a prominent global cryptocurrency exchange, has been recognized as the Best Crypto Exchange in the MENA region for 2025 at the World Business Outlook Awards. This award underscores Toobit’s exceptional performance, innovative approach, and dedication to providing secure and effective trading solutions throughout the Middle East and North Africa (MENA).
The World Business Outlook Awards annually celebrate excellence in business leadership, innovation, and market impact, recognizing leading figures who are setting new standards in their respective industries.
“Toobit is honored to receive this recognition,” stated Mike Williams, Chief Communication Officer at Toobit. “The MENA region offers significant opportunities for the growth of digital assets, and we are pleased to collaborate with our numerous regional partners to broaden access to crypto education and promote adoption.”
The MENA region has recently become a central point for cryptocurrency activity. In the United Arab Emirates alone, the cryptocurrency market is expected to achieve a transaction value of US$1.53 billion in 2025, with more than 30% of the population—approximately 3 million individuals—owning digital assets. This swift market expansion reflects the region’s increasing significance in the worldwide digital asset arena.
Toobit’s move into the MENA region is part of the platform’s broader expansion into cryptocurrency markets. In July 2024, the exchange officially entered the South Korean market, in response to increasing demand for crypto derivatives in the APAC region.
For more information about the World Business Awards 2025, visit:
About Toobit
Toobit is the platform for the future of crypto trading—an award-winning cryptocurrency derivatives exchange designed for those who want to explore new opportunities. With high liquidity and advanced technology, Toobit enables traders globally to navigate digital asset markets confidently. We strive to deliver a fair, secure, seamless, and transparent trading environment, ensuring that every trade offers a chance to discover what lies ahead.
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