Continued: Expansion of Venom Foundation in India's Crypto Market

Venom Foundation's recent listing of its native token, $VENOM, on two leading cryptocurrency exchanges in India, WazirX and CoinDCX, marks a significant achievement in its global expansion strategy. This move grants Venom access to a vast user base in India, the world's most populous country, contributing to the increased adoption and visibility of $VENOM within the thriving Indian crypto market.

Louis Tsu, the CEO of Venom Foundation, expressed delight in the listing of $VENOM on WazirX and CoinDCX, emphasizing the strategic importance of entering the Indian market with a potential user base exceeding 30 million. This development underscores Venom's dedication to fostering innovation and adoption in the blockchain sector, setting the stage for enhanced engagement and growth in one of the most vibrant crypto markets globally.

Rajagopal Menon, WazirX's VP of Marketing, praised the VENOM network for its efforts in addressing scalability and transaction challenges in the cryptocurrency ecosystem. The network's extensive partnerships and ongoing expansion demonstrate its popularity and growing user community, prompting WazirX to offer users the opportunity to engage in trading activities involving $VENOM.

India: A Strategic Market for Venom

As the landscape of global cryptocurrency continues to evolve, India has emerged as a key center for blockchain and crypto activities. With its tech-savvy population and rapidly expanding crypto sphere, India presents a substantial opportunity for Venom to widen its outreach and drive adoption strategies.

Listings on WazirX and CoinDCX

WazirX: Serving as India's largest cryptocurrency exchange, WazirX caters to more than 16 million users and now facilitates trading of $VENOM in USDT and INR pairs.

CoinDCX: Another prominent player in the Indian crypto arena, CoinDCX, with over 14 million users, has also made $VENOM available for trading in USDT and INR pairs.

Key Highlights

• Extensive User Base: The collective user base exceeding 30 million across WazirX and CoinDCX provides unparalleled visibility for $VENOM within the Indian market.
• Market Expansion: The listings on these exchanges represent a critical stride in Venom's expansion blueprint, highlighting the rapid growth and adoption of $VENOM in one of the world's most rapidly developing crypto markets.
• Improved Accessibility: Indian users can now conveniently partake in trading $VENOM using their local currency, fostering increased adoption and active participation.

In Conclusion

The inclusion of $VENOM on WazirX and CoinDCX signifies a notable advancement in Venom's global reach and asset liquidity endeavors. These listings are in alignment with Venom Foundation's mission to enhance adoption rates and fortify its presence within the global crypto arena.

About Venom

Venom stands out as a cutting-edge layer-0 and layer-1 network seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for comprehensive state and consensus management, Venom supports limitless autonomous workchains for user accounts, smart contracts, and dApps. The Mesh technology streamlines inter-chain communication, ensuring speed and scalability. With swift finality, robust security measures, stability, and user-friendly interfaces, Venom proves to be a prime platform for hosting CBDCs and large-scale applications.