CoinDCX Names Vivek Gupta as CTO 3i2z4d Plans to Simplify Crypto Experience for Indian Investors

For now, elaborate details about the amendments that the platform is exploring remain undisclosed. 562l14

Written by Siddharth Suvarna | Updated: 23 February 2023 17:00 IST

CoinDCX Names Vivek Gupta as CTO, Plans to Simplify Crypto Experience for Indian Investors

Photo Credit: Facebook/ CoinDCX 4f1us

CoinDCX claims to have over 15 million ed s

Highlights

CoinDCX is loading up its senior leadership with experienced insiders
Vivek Gupta had previously headed CoinDCX’s Okto wallet project
CoinDCX has also appointed a new Chief Information Security Officer

ment

Indian crypto exchange CoinDCX on Thursday, February 23, promoted Vivek Gupta as its Chief Technology Officer (CTO). Gupta had been serving as the company's Head of Engineering before this promotion. The exchange, that claims to have over 15 million ed s, is exploring ways to simplify the process of buying and trading in crypto in India, which is being touted among world's most lucrative markets to grow the overall digital assets ecosystem.

As part of his new role at the crypto exchange, Gupta will be heading the engineering, data science, and infrastructural development teams comprising of 190 professionals.

“I am humbled. In my new role, I am excited to lead Web3,” Gupta said in a prepared statement.

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In April 2022, decentralised finance (DeFi) app to open the Web3 sector for a widespread adoption in India. Focussed on safeguarding finances against hacks and thefts, this mobile app offers a keyless, self-custodial wallet service backed by several layers of security. It was rolled out in international markets as well.

Gupta had headed the Okto initiative for CoinDCX at the time.

“As the company ushers in the next phase of growth, Vivek's proven track record of enhancing experiences will fortify the company's technical architecture and help us reimagine the Internet,” said Neeraj Khandelwal, Co-founder, CoinDCX.

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For now, elaborate details about the amendments that the platform is exploring remain undisclosed. CoinDCX is in the process of loading up its senior leadership with experienced industry insiders who could provide a secure approach to the Indian crypto community to march forward with their experiments in the Web3 space.

In February this year, the company appointed Flipkart.

In the beginning of this year, CoinDCX had also launched a crypto awareness initiative named ‘Namaste Web3' for Indian industries and investors.

Under its year-long Telangana are teaming up with crypto advocacy bodies and industry players including CoinDCX to stir discussions around the overall blockchain industry and potential regions of growth for the relatively nascent technology.

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Further reading: Vivek Gupta

Radhika Parashar

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Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a ma... more »