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Y Combinator-backed crypto platform Mudrex will initially list four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard. Investors can choose between systematic investment plans (SIP) or lump-sum investments.
Edul Patel, CEO & Co-founder of Mudrex, said, “Seeing the increasing demand for Bitcoin spot ETFs and user requests on our platform in the past few months, we have decided to launch it for Indian investors. We aim to empower investors with the flexibility to invest across a diverse range of crypto products, offering a seamless and accessible avenue to navigate the dynamic digital asset landscape”.
Sharma, senior IAS officer holding a number of important portfolios in the Bhajanlal Government, inaugurated the summit. He stressed that a wicked problem operated in real-world settings with a large number of interconnected subsystems.
Mudrex Prime offers extensive asset coverage, including USDT, USDC, BTC, ETH, ensuring instant liquidity with swift fulfillment of large orders at the best OTC rates. Mudrex Prime achieved a transaction volume surpassing $100 million catering to a diverse clientele of 200+ institutions in India and the EU during its pilot phase in the last quarter of 2023
Mudrex, a global crypto investment platform, supports over 200+ tokens and offers free crypto transfers from Binance. This move follows the Financial Intelligence Unit's notice to Binance and other exchanges for non-compliance with anti-money laundering standards in India. Mudrex aims to empower users with flexibility and choice. The platform also introduces expert support for users handling larger amounts or those uncomfortable with crypto transfers.