Crypto trading platform Crypso raises $3M to grow its user base

Community-led crypto investing platform Crypso today said it has raised $3 million in a seed funding round led by Hashed Emergent, Athera Venture Partners, Better Capital, and Whiteboard Capital.

The round also joined the likes of prominent angel investors, including Polygon founders Sandeep Nailwal and Jaynti Kanani, and Cred founder Kunal Shah.

Truebil founders Suraj Kalwani, Ravi Chirania, and Rakesh Raman co-founded Crypso in January 2022. Crypso is an online trading platform that enables crypto users to learn and discover the latest crypto trends and invest via trade signals on various altcoins generated by crypto experts.

According to the startup, the raised capital will be used to grow its user base and increase the breadth of product offerings and technology. The crypto trading platform claims to have 50,000 registered users and plans to hit one million active users in the next 8-12 months.

“Crypto is fundamentally a social asset class and young Indian users actively engage with peers, influencers, and investment communities for crypto updates, analysis, and investment signals. We are providing a one-stop-shop for all crypto analysis needs,” said Co-founder and CEO Suraj Kalwani.

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