Mumbai: Crypto unicorn CoinSwitch Kuber on Monday appointed Ashish Chandra as the overall counsel.
Chandra, the corporate mentioned, will play a pivotal position in constructing a conducive authorized framework for the enterprise as crypto-asset adoption continues to develop amidst the mainstreaming pleasure.
Over the past twenty years, Chandra has performed an energetic position within the evolution of the authorized and regulatory ecosystem of fintech in India, it mentioned. The assertion added that he’s recognized for his contribution to the fintech business from its early days of ATMs and cheque truncation applied sciences, to constructing the cost intermediaries and cost wallets, and most not too long ago UPI-based WhatsApp Funds in India.
Most not too long ago, Chandra was the affiliate common counsel of WhatsApp India and was dealing with its authorized, regulatory, and litigation affairs.
Ashish Singhal, founder, and CEO, CoinSwitch Kuber, mentioned, “At CoinSwitch Kuber, we’re constructing an asset funding platform that regulators and prospects can belief. In our endeavour to simplify crypto investing with buyer safety on the middle, I’m delighted to welcome Ashish Chandra to the staff.”
Chandra mentioned he has been following the crypto business developments since 2013.
“Crypto can play a vital position in shaping the way forward for fintech whereas preserving buyer safety on the forefront. I’m excited to be a part of CoinSwitch Kuber and contribute to our mission of creating wealth equal for all by constructing a platform that buyers and regulators can belief,” mentioned Chandra.
CoinSwitch Kuber has raised $260 million in Sequence C funding from Coinbase Ventures and Andreessen Horowitz (a16z) in September 2021 to turn into India’s most-valued crypto unicorn at a valuation of $1.9 billion. In October 2021, the corporate crossed 11 million registered customers in a document 15 months and now plans to ship numerous funding choices to its rising buyer base.
Supply: Live Mint