Coinmama

Israeli crypto exchange

Coinmama, an online crypto exchange founded in 2013 by Nimrod Gruber and Laurence Newman, is the trading name of the Irish Cmama Ltd. It is a registered Money Services Business (MBS) in Canada.

In March 20211, the company had more than 3.5 million users with a sales volume of $130 million in 2021. The sole shareholder of Cmama Ltd is the Israeli New Bit Ventures Ltd, which was acquired by public-listed Canadian Wellfield.

They position themselves as a decentralized platform to purchase cryptocurrencies such as Bitcoin. Coinmama allows users to pay by a variety of methods, including credit cards and Apple Pay.

Coinmama has experienced a particularly high volume of activity from the United Arab Emirates and Venezuela.

We list the company Green.

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Jurisdiction

Ireland, Slovakia, israel

Legal Entities

Cmama Ltd
New Bit Ventures Ltd
Wellfield Technologies Inc

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