Major Indian crypto exchange, CoinDCX, introduces CoinDCX Prime to cater to affluent investors and institutions. The service aims to achieve $100 million in AUM by 2025, offering personalized investment solutions and personal managers.
CoinDCX, one of India’s prominent cryptocurrency exchanges, has announced the launch of CoinDCX Prime, a new service offering specifically designed for high-net-worth individuals (HNIs), family offices, and institutional investors. As reported by CoinGape, this ambitious initiative aims to achieve $100 million in assets under management (AUM) by 2025, reflecting the growing demand for tailored crypto investment services in India.
CoinDCX Prime promises a comprehensive suite of services, including personalized investment solutions and dedicated account managers to ensure a seamless investment experience. The service is designed to attract investors with a minimum investment volume of INR 50 Lakhs, offering trading fee discounts, OTC desk support, and advanced yield generation strategies through its Advanced Earn product. This initiative highlights CoinDCX's commitment to catering to the sophisticated needs of big investors and institutions.
Minal Thukral, CoinDCX’s Head of Strategy and Growth, emphasized the trust CoinDCX has garnered among HNIs and institutional investors. "Over 1.5 crore Indian investors trust CoinDCX for their crypto journey. We are glad to witness the same level of trust and interest from HNIs," Thukral stated. The platform has successfully onboarded over 100 institutional investors, 2,500+ HNI clients, and served more than 25 family offices, showcasing significant demand for these specialized services.
CoinDCX Prime also aligns with the broader regulatory environment in India, which has played a crucial role in fostering institutional interest in cryptocurrencies. By offering a regulated and secure platform, CoinDCX aims to provide a trustworthy environment for large-scale investments, contributing to the maturation of the Indian crypto market.
