Mudrex, a global crypto asset management platform, reported a 2400% increase in its user base in the first quarter of 2022.
Indian users contributed the most to this growth, accounting for more than 80% of all users.
Mudrex is a crypto asset management company that takes a methodical approach to learn about cryptocurrency investing. The website curates long-term investment solutions for the typical investor. Mudrex Coin Sets, the platform’s flagship product, are themed baskets of cryptocurrencies that allow customers to diversify their investments.
Edul Patel, Mudrex co-founder and CEO said, “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.”
Mudrex developed a SIP tool in March 2022 to automate and simplify investing in Mudrex Coin Sets, introducing recurring investment possibilities to crypto investors, which have long been popular in traditional markets.