"Of all the bitcoin hype, India cryptocurrency startup CoinSwitch Kuber has received another $ 15 million in funding".
This has been an exciting year for bitcoin enthusiasts. Its current value crossed the $ 42,000 scale before the $ 33,159 crash on January 8, after capturing a whopping 300% cryptocurrency assets in 12 months. But cryptocurrency continues to grow the biggest interest despite its temporary journey. Cryptocurrency startups are also attracting investors.
Ribit Capital, a cryptocurrency investment platform, San Francisco and Queenswich Kuber is the last start to raise 15 million from crypto-centric investment firm Paradigm, marking Ribit Capital's first investment in a cryptocurrency firm in India.
Also co-founder of Paradigm and coinbase, the largest cryptocurrency exchange in the United States, kept an eye on the Indian market. In India, however, the crypto landscape remains new but it has become exciting in the last 12 months.
The co-founder of the United States said that we believe that over time India could become one of the largest crypto markets in the world. The founders, including Paradigm, co-founders of the US Cryptocurrency Exchange and CRED, all said that we aim to double the Indian market.
We also aim to grow our user base tenfold by the end of the year. To this end, we will invest in products and technology. Then Ashis Singhal, CEO and co-founder of Queenswich Kuber in India, said that he would launch a number of awareness initiatives and campaigns to educate investors about the potential of crypto as an emerging asset class.
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