Jonathan Rigg Named BitOasis Chief Executive Officer
BitOasis has appointed Jonathan Rigg as chief executive officer, succeeding co-founder Ola Doudin. The change comes as the UAE-based digital asset platform expands across the Middle East and North Africa.
BitOasis has named Jonathan Rigg as its new Chief Executive Officer. He succeeds co-founder Ola Doudin at the UAE-based digital asset platform, which is entering a new stage of expansion across the Middle East and North Africa (MENA). For traders and clients in the region, the appointment signals where the company is heading next: more products, a broader regulated footprint and a larger regional presence, all under the ownership of CoinDCX.
Jonathan Rigg Takes the Chief Executive Role at BitOasis
The leadership change arrives at a point of active development for BitOasis. The company is building out its product range, expanding its regulated operations and growing its presence across the region. It is also continuing its integration with CoinDCX, which acquired BitOasis in 2024. In this context, the CEO role is less about starting something new and more about steering a platform that already has a regional user base through its next phase.
Jonathan Rigg's Background in Banking, Fintech and Digital Assets
Rigg has almost ten years of experience across global banking, financial markets, fintech and digital assets. That combination of traditional finance and newer crypto infrastructure is one of the more relevant parts of his profile for a platform that sits between the two worlds.
Jonathan Rigg: Traditional Banking and Prime Brokerage
Before joining BitOasis, Rigg held roles at HSBC and Deutsche Bank. Much of that work centred on prime brokerage and capital advisory, areas that deal with institutional clients, financing and the mechanics of large-scale market activity. Experience of this kind shapes how a leader approaches risk controls, counterparty relationships and the expectations of institutional users.
Fintech Growth at Fuze Finance
Rigg later spent about three years as Vice President of Commercial at Fuze Finance. He was also part of the founding team and helped build the company during its early growth. Commercial leadership in a young fintech involves product-market fit, partnerships and scaling a customer base, which are the same challenges BitOasis faces as it widens its regional reach.
Digital Asset and Payments Experience
His background also covers crypto infrastructure, over-the-counter (OTC) trading, stablecoin payments and Banking-as-a-Service. Taken together, this gives him a working understanding of both traditional financial services and digital asset products, which is useful for a platform that serves retail investors and institutions alike.
What Rigg's Appointment Means for BitOasis' Next Stage of Growth
As CEO, Rigg will oversee BitOasis as it expands its services and continues building its presence across MENA. According to the company's announcement, his priorities include improving the platform's products and capabilities, while keeping trust and safety at the centre of its growth. For clients, those two goals usually show up in practical areas such as account security, clearer product information, reliable execution and transparent communication about changes.
BitOasis Key Figures and Client Base
The company has processed approximately $8.5 billion in spot trading volume and has served more than one million customers across the region. Its users include retail investors, family offices and institutional clients. The table below summarises the main facts from the announcement.
| Item | Detail |
|---|---|
| New Chief Executive Officer | Jonathan Rigg |
| Predecessor | Ola Doudin, co-founder |
| Headquarters base | UAE |
| Majority owner | CoinDCX, which acquired BitOasis in 2024 |
| Spot trading volume processed | Approximately $8.5 billion |
| Customers served | More than one million |
| Client types | Retail investors, family offices, institutional clients |
Regulated Expansion Beyond the UAE
BitOasis has also expanded its regulated operations outside the UAE. In May 2025, the company launched in Bahrain after receiving a broker-dealer licence from the Central Bank of Bahrain. Expansion into a second regulated market is a meaningful step, because each jurisdiction carries its own licensing requirements, reporting obligations and client rules.
On the institutional side, BitOasis has grown its services through an over-the-counter trading desk. It has also received regulatory approval for derivatives products that are progressing toward launch. Derivatives are a different risk category from spot trading, so the timing and scope of that launch will be worth following closely.
How the Leadership Change Could Affect Traders and Clients
A CEO change does not automatically alter how a platform works day to day, but it can shape priorities over the coming months. Clients who use BitOasis or are considering it may want to watch for:
- Product updates and new capabilities, which the new CEO has named as a priority
- Progress toward the planned derivatives products, once they move closer to launch
- Changes to regulated services or available markets in different jurisdictions
- Communication on security, safety measures and account protections
- Further developments in the integration with CoinDCX
Anyone comparing crypto-focused platforms should also check licensing status, the products offered in their own country and the fee structure before opening an account. Our PrimeXBT review is one example of how we assess a crypto-enabled trading platform, and the same questions apply when looking at BitOasis.
Context: BitOasis Under CoinDCX Ownership
CoinDCX's acquisition of BitOasis in 2024 set the framework for the platform's current stage. The company says the integration is ongoing, and the appointment of a new chief executive is part of that process. Readers should treat ownership changes and leadership moves as important signals, but the practical test is always what the platform delivers: licensed services, transparent terms and consistent execution.
Step-by-Step: How to Assess a Platform After a Leadership Change
- Check the regulatory status of the entity you would open an account with, and confirm that the licence covers your country and the products you want to trade.
- Review the product list, including whether derivatives are available to you yet or still in preparation.
- Read the fee and withdrawal terms carefully, especially for spot trading, OTC services and stablecoin payments.
- Watch for official updates on products, markets and security rather than relying on secondhand reports.
- Start small when trying a new feature or service, and keep records of your transactions.
Risk Reminder
Trading digital assets and derivatives involves a high level of risk, and you can lose some or all of your capital. Prices can move sharply, and regulatory status can differ between jurisdictions. Only trade with funds you can afford to lose.
About BitOasis
BitOasis is a UAE-based digital asset platform serving customers across the Middle East and North Africa. It is owned by CoinDCX, which acquired the company in 2024. The platform offers spot trading to retail investors, family offices and institutional clients, and has expanded its regulated operations to Bahrain.
Further reading: Cryptocurrency (Wikipedia).
We will keep this Jonathan Rigg report updated as new information comes in.
