WazirX is a cryptocurrency platform from India that permits customers to purchase, promote and commerce widespread digital cash akin to bitcoin, ethereum, ripple and litecoin.
Based in March 2018 by then 32-year-old coder Nischal Shetty, the corporate has capitalized on the rising tide of retail merchants investing in cryptocurrencies.
Lower than two years after its launch, WazirX was acquired by Binance, the world’s largest crypto change, for an estimated $5 million to $10 million. Then, in April 2021, its WRX crypto token briefly reached a billion-dollar valuation.
However whereas Shetty is a tech entrepreneur by way of and thru, the millennial’s foray into cryptocurrency was initially impressed by a insurrection in opposition to huge tech.
“There’s all the time a purpose why somebody will get into crypto,” mentioned Shetty.
Watch the video above to learn the way Nischal Shetty turned his ardour for tech into India’s largest cryptocurrency platform.