Bangalore-based Coinswitch Kuber, an app-based cryptocurrency exchange platform exclusive to the Indian market for retail investors, raised $260 million at a valuation of $1.9 billion, underscoring the rise in popularity of crypto trading in the country. The funding round included new venture capital firms Coinbase Ventures and Andreessen Horowitz, and...
India among Top Three in Global Crypto Adoption Index
According to an October 2021 report from the blockchain-based research firm Chainalysis, based in New York, India is among the top three markets in the Global Crypto Adoption Index. Additionally, investors in the country are also starting to mature despite lack of regulatory clarity. The firm said that the cryptocurrency...