Indian Crypto Investment Platform Mudrex Expands to Italy

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Mudrex successfully registered with Italy's Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.

Indian cryptocurrency investment platform Mudrex has successfully registered to operate in Italy, CEO and co-founder Edul Patel told CoinDesk in an interview Friday.due to harsh taxes and a global crypto winter. Even rarer is its"bullish plan" for global expansion, revealed in this detail for the first time."Half our team is working on international expansion," said Patel.

Mudrex has only one million registered users but is one of India's largest crypto platforms that offer index investing options through sets of coins calledas an alternative to speculative trading. This includes small, mid and large cap, BTC and ETH in the broad-based category. The thematic indexes include layer one, layer two, NFT, Metaverse projects and Dow trackers.

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