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| Edul Patel, Co-Founder & CEO, Mudrex |
The highest spike was seen from Indian investors/users due to growing awareness around Mutual Funds and relative products in the crypto space
Global crypto asset management platform, Mudrex, today announced a 2400% increase in the platform’s user base for the first quarter of 2022, making it the world’s fastest-growing, and largest crypto index investing platform. Indian users contributed the most to this exponential growth with more than 80% of the growth from India. Mudrex is a global brand that is known for its systematic approach to familiarizing crypto investments, making it an unignorable option to invest among other asset classes. Right from products like Mudrex Coin Sets to initiating crypto as a service, Mudrex is committed to consistently contributing to the growth of the ecosystem and the platform itself.Founded in 2018, Mudrex is a global cryptocurrency platform that curates profitable solutions and automates investing products for the average investor for long-term returns. The platform’s flagship product, Mudrex Coin Sets, are baskets of cryptocurrencies based on particular themes, enabling users to diversify their portfolios.
“We at Mudrex are thrilled to witness such stellar growth numbers in such a short period of time. From the very beginning, we have been laser-focused on creating products to keep our users engaged and help them invest in crypto. With the help of our crypto experts, we spent most of last year developing and designing products that would not only bring attention to crypto but push users to consider crypto as a long-term asset class. India is an important market for us and it has been receptive to all the innovations that Mudrex has ushered in. Hence, the spike in our India user base is exciting news for us. Looking ahead, product development and education will remain at the core of Mudrex’s offerings and we expect to hit one million investors on our platform by early Q4.”, said Mudrex CEO and Co-founder, Edul Patel.
In March 2022, Mudrex introduced the crypto industry’s first SIP tool to automate and simplify investments in Mudrex Coin Sets bringing recurring investment capabilities, which have long been popular in the traditional markets to crypto investors. Mudrex plans to bring more innovative offerings to the crypto world in the near future.
About Mudrex:
Launched in 2018, Mudrex is a global platform that makes self-directed investing in crypto easy and accessible for all. Founded by Edul Patel (CEO), Alankar Saxena (CTO), Rohit Goyal (VP, DeFi), Prince Arora (VP, Engineering), the Y-Combinator backed enterprise has established a robust investing platform for all kinds of investors. The US-headquartered and Bengaluru-based fintech startup aims to be the largest asset management platform for crypto. For more information, visit Mudrex.com or download the app
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