Cryptocurrency exchange and aggregator platform CoinSwitch would need to fast-track its move to diversify into the wider wealth-tech services amid a more than 80% slump in annual operating revenue in FY23. Ashish Singhal, co-founder and chief executive of CoinSwitch, said that while low crypto trading volumes in India have made the business difficult, the company has conducted multiple “stringent" cost-cutting moves in order to reduce its expenses amid what has been a turbulent two years for the overall crypto industry. Now, CoinSwitch is shaping up to announce an “expansion" into the broader wealth management services as early as the upcoming quarter, Singhal said, adding that the company’s offerings will “look to fill up strategic gaps that still exist in stock market investment offerings in the industry."
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USDT
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BNB
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USDC
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XRP
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SOL
$72.60
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TRX
$0.327577
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FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.54
▼ -0.90%
DOGE
$0.06901
▼ -0.80%
USDS
$0.999864
▲ +0.00%
RAIN
$0.012556
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$504.54
▼ -0.70%
ADA
$0.198872
▲ +5.10%
XMR
$367.79
▲ +1.20%
WBT
$55.63
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.160102
▼ -1.10%
DAI
$1.00
▲ +0.00%
BCH
$213.10
▲ +0.20%
USD1
$0.999587
▲ +0.00%
USDE
$0.999475
▲ +0.00%
GRAM
$1.32
▼ -5.50%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,263.00
▼ -0.40%
ETH
$1,897.36
▲ +0.00%
USDT
$0.999172
▲ +0.00%
BNB
$590.06
▲ +0.00%
USDC
$0.999587
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.60
▼ -1.20%
TRX
$0.327577
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.54
▼ -0.90%
DOGE
$0.06901
▼ -0.80%
USDS
$0.999864
▲ +0.00%
RAIN
$0.012556
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$504.54
▼ -0.70%
ADA
$0.198872
▲ +5.10%
XMR
$367.79
▲ +1.20%
WBT
$55.63
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.160102
▼ -1.10%
DAI
$1.00
▲ +0.00%
BCH
$213.10
▲ +0.20%
USD1
$0.999587
▲ +0.00%
USDE
$0.999475
▲ +0.00%
GRAM
$1.32
▼ -5.50%
BTC
$64,263.00
▼ -0.40%
ETH
$1,897.36
▲ +0.00%
USDT
$0.999172
▲ +0.00%
BNB
$590.06
▲ +0.00%
USDC
$0.999587
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.60
▼ -1.20%
TRX
$0.327577
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.54
▼ -0.90%
DOGE
$0.06901
▼ -0.80%
USDS
$0.999864
▲ +0.00%
RAIN
$0.012556
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$504.54
▼ -0.70%
ADA
$0.198872
▲ +5.10%
XMR
$367.79
▲ +1.20%
WBT
$55.63
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.160102
▼ -1.10%
DAI
$1.00
▲ +0.00%
BCH
$213.10
▲ +0.20%
USD1
$0.999587
▲ +0.00%
USDE
$0.999475
▲ +0.00%
GRAM
$1.32
▼ -5.50%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,263.00
▼ -0.40%
ETH
$1,897.36
▲ +0.00%
USDT
$0.999172
▲ +0.00%
BNB
$590.06
▲ +0.00%
USDC
$0.999587
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.60
▼ -1.20%
TRX
$0.327577
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.54
▼ -0.90%
DOGE
$0.06901
▼ -0.80%
USDS
$0.999864
▲ +0.00%
RAIN
$0.012556
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$504.54
▼ -0.70%
ADA
$0.198872
▲ +5.10%
XMR
$367.79
▲ +1.20%
WBT
$55.63
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.160102
▼ -1.10%
DAI
$1.00
▲ +0.00%
BCH
$213.10
▲ +0.20%
USD1
$0.999587
▲ +0.00%
USDE
$0.999475
▲ +0.00%
GRAM
$1.32
▼ -5.50%
