Koinex Exchange On Lookout For Blockchain Solutions After Loop

Koinex exchange explored new blockchain solutions after launching Loop.

Over the last years, the soaring popularity of Bitcoin encouraged many cryptocurrency exchanges to come up with different ideas in the cryptocurrency market. Actually, many of the cryptocurrency startups managed to raise funding.

Koinex is exploring many other blockchain use cases for various industries and sectors. It is open to collaborating with the government or industry players or category leaders in order to forge alliances and co-develop sophisticated solutions.

Apart from blockchain solutions, Koinex exchange is also exploring other sectors such as health care, education, governance, real estate and digital media.

Homegrown is a Mumbai-based Koinex exchange. This startup is one of the living examples and has VC’s growing fondness for investments in Indian cryptocurrency and blockchain startups.

About Homegrown

Homegrown is founded by the Rakesh Yadav, Rahul Raj, and Aditya Naik on August 2017. Within five months of its launch, it has successfully closed a pre-series A round of funding. This A round of funding was led by Drik van Quaquebeke, managing Partner of Beenext, and Daniel Morehead, founder, and CEO of Pantera Capital. 

The Reserve Bank of India has announced the banks and other related services to stop dealing with cryptocurrency exchanges. In order to ease the effect of RBI circular, this exchange has come up with an innovative collateralized peer-to-peer (P2P) crypto transactional solution, called Loop.

The circular of RBI has shown a far-reaching impact on the cryptocurrency market of India. In spite of the RBI circular, this platform enables crypto-INR trading and enables users to carry out crypto investments across worldwide, as reported by INC24.

Within a short period of time, Koinex became the most trusted digital assets due to ‘consumer-centricity’. This exchange is constantly looking for the better ways to give a user the best experience by improving the productivity and robust security of the platform.

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This article is for informational purposes only. The information is provided by Koinex Exchange On Lookout For Blockchain Solutions After Loop and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. The Blockchain Cafe does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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