Cryptocurrency, blockchain, AI, etc., have become the buzzword in recent times and more so amid the pandemic. As per a report by PitchBook, investments worth over $3 billion have gone into cryptocurrency and blockchain start-ups in the first quarter of 2021, of which Indian start-ups have been attracting only a small portion. Nevertheless, new-age companies are slowly but surely progressing in the field of crypto and blockchain. Top 10 Blockchain Investing Platforms in India to Watch Out for
Let’s take a look at the emerging Top 10 Indian Platforms in Blockchain :
- Polygon - An Ethereum based blockchain firm, Polygon has received a substantial investment from billionaire Mark Cuban in May. Founded by four software engineers - Jayanti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, the Mumbai-based start-up is involved in areas of cryptocurrency such as DeFi, DApp, DAO’s and NFT’s.
- Signzy - Founded in 2015, Signzy is based in Bangalore. It amalgamates AI and blockchain and leverages them for creating various products such as RealKYC, Digital Contracts, and ARI.
- KrypC - The Bangalore-based start-up helps companies build, deploy and manage blockchain solutions on B2B model. Some of its products include KrypCore Studio and V-Board Framework.
- OpenXcell - OpenXcell was founded by Jayneel Patel in 2008. It also has an international presence across the USA and Canada. In addition to blockchain technology, it also offers solutions in smart contract auditing, hyper ledger, etc.
- Hyperlink Infosystem - The start-up is based in Ahmedabad and was founded in 2011 by Harnil Oza. Initially starting off as a mobile app development company, it soon forayed into the blockchain, AI, and IoT in 2019.
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- Matic Network - The company was launched with a public token sale, in 2019, during which it garnered over $5,600,000. It leverages sidechains, plasma framework, and Proof-of-Stake validators to ensure the asset security of its clients.
- Koinearth - Koinearth offers customized solutions for a wide range of real-world blockchain use cases. One of them is marketSN, a blockchain and AI-based tool which helps in ensuring a ‘secured’ flow of data and contracts across organizations or various departments of the same organization.
- WazirX - Unlike other blockchain and crypto exchanges, WazirX is the first Indian exchange to launch a native token, the WazirX token. It has also unveiled Smart Token Fund, a platform that enables crypto fans to expand their portfolio.
- InstaDapp - The Hyderabad-based firm is one of the most popular decentralized finance platforms. It has over $9 billion managed across multiple protocols.
10. Somish - Among the fastest-growing start-ups, Somish started venturing into blockchain technology in 2016. Since then it has been working closely with various Fortune 500 companies, government firms, etc.
There are more credible platforms for cryptocurrency trading/investment in India apart from this Top 10 Indian Platforms for Blockchain. CoinDCX is one among them.
