CoinDCX appoints Vijay Ayyar as VP, international markets

By Daisy On Jun 7, 2023

Crypto company CoinDCX has appointed Vijay Ayyar as vice-president, international markets, said a statement issued today.

The appointment is in line with the company’s broader ambitions of becoming a dominant global player in the crypto and Web3 space.

In his new role, Ayyar will lead the strategy and execution for the firm to establish the platform’s international presence in the coming months. Based in Singapore, he brings with him 17 years of experience across crypto, big tech and consulting. He previously led corporate development and international, including early-stage investing and strategic projects for Luno, a crypto wallet and exchange owned by the Digital Currency Group (DCG).

The crypto platform has over 15 million users on its platform. After five years of working on the India market and introducing users to the world of crypto and decentralised finance (DeFi) – the company is now preparing to take its technology and products to a global user base. Ayyar’s role would be to spearhead strategy and execution of the company’s global aspirations.

“India has unparalleled tech prowess and talent, and we are excited about the potential of making India the global Web3 hub, underpinned by our vision to ‘Make in India’ for the world. With Vijay’s vast experience and deep industry expertise, I’m confident his fresh perspectives and ideas will help us tap on emerging global Web3 opportunities,” said Sumit Gupta, CEO and co-founder, CoinDCX.

“As crypto leaders in India, CoinDCX is operating from a position of strength and there is a tremendous opportunity in front of us,” said Ayyar.

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Ayyar will be responsible for overseeing and managing the company’s operations and growth in international markets, including analysing trends, identifying new business opportunities, and augmenting services so that they align with the needs and preferences of customers across regions.

The company is backed by investors such as Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures.

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