Coin Switch announced the launch of CoinSwitch Pro, a multi-exchange trading platform. The first-of-its-kind KYC-compliant platform will allow users to trade Crypto assets in Indian Rupees across multiple exchanges with a single login.
With CoinSwitch Kuber, CoinSwitch revolutionised and democratised crypto asset investing and awareness among 18 million retail users, making it the largest crypto platform in India within two years of launch.
Founded by childhood friends Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni, CoinSwitch raised $260 million in Series C funding from Coinbase Ventures and Andreessen Horowitz (a16z) in September 2021 to become a crypto Unicorn at a valuation of $1.9 billion.The company counts Tiger Global, Sequoia Capital India, Ribbit Capital, and Paradigm, among other blue-chip investors. CoinSwitch is also set to launch its first non-crypto offering by the end of March 2023 as part of its mission to ‘Make Money Equal for All’.
