Indian crypto trading platform, CoinDCX, has announced the appointment of Gaurav Arora as Senior Vice President, CoinDCX Pro, to lead its next phase growth, which will focus on developing use cases of crypto and blockchain technology. CoinDCX has been bringing crypto trading to the masses in India and is now looking to bring similar innovation to the Web3 ecosystem and make the world of Web3 and DeFi (Decentralised Finance) more accessible to the masses.
As per a report by Gartner, by the year 2026, 25 percent of consumers will spend a minimum of 1 hour a day on metaverse for work, shopping, education, social or entertainment purposes. This ecosystem will have its own virtual economy enabled by digital currencies and nonfungible tokens (NFTs).
Gaurav brings in over a decade’s experience in building large fintech super apps. In his previous stint as Director of Products, Amazon Pay India, he was responsible for launching and scaling digital payments across many categories such as Bill Payments, Money Transfers, Financial Service payments, and movie ticketing. He also launched the Amazon Pay wallet product which is ranked among the top PPI wallets in India.
An IIT Roorkee graduate and an MBA from IIM -B in finance, Gaurav also brings with him trading expertise from his days as an equities trader in Nomura Securities, Hong Kong where he designed and traded arbitrage models in Asian markets.
Commenting on the appointment, Mr. Neeraj Khandelwal, Co-founder, CoinDCX said “I believe Web3 and Blockchain technology will save billions of dollars for the common man and generate powerful income opportunities as Crypto has a lot of applications for consumers. Gaurav with his extensive experience in building consumer-friendly products will focus on building on the DeFi space which has the potential to financially empower billions. We are delighted to have Gaurav on board when CoinDCX has embarked on a new chapter of growth and innovation”.
“I am happy to join the CoinDCX family. The world of Web3 and DeFi is in its nascent stages and largely inaccessible by most people due to its complexities. We believe that over the next few years, 100s of millions of users will be interacting with the decentralized blockchain ecosystem. Our goal is to provide a bridge for these customers to access the opportunities safely and easily in this system,” said Mr. Gaurav Arora while commenting on his appointment at CoinDCX.
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