Home > web3.0 > Venom Foundation Lists Its Native Token, VENOM, on WazirX and CoinDCX, Targeting India\'s 30M+ Crypto Users

Venom Foundation Lists Its Native Token, VENOM, on WazirX and CoinDCX, Targeting India\'s 30M+ Crypto Users

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Release: 2024-07-12 06:51:30
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Venom Foundation is pleased to announce a major milestone in its global expansion strategy – the listing of its native token, VENOM, on two of India's leading cryptocurrency exchanges, WazirX and CoinDCX.

Venom Foundation Lists Its Native Token, VENOM, on WazirX and CoinDCX, Targeting India's 30M+ Crypto Users

Cryptocurrency layer zero and layer one network Venom has announced a major listing for its native token, VENOM, on two leading Indian crypto exchanges.

The listings, on WazirX and CoinDCX, will grant Venom access to a massive user base in the world’s most populous country. The move is part of Venom’s global expansion strategy, aiming to further drive adoption and visibility of VENOM.

“We are delighted to announce the listing of VENOM on WazirX and CoinDCX,” said Louis Tsu, CEO of Venom Foundation.

“This strategic move into the Indian market, with access to over 30 million users, marks a significant milestone for Venom. It underscores our commitment to fostering innovation and adoption in the blockchain space, paving the way for greater engagement and growth in one of the world’s most dynamic crypto markets.”

“Venom network has already addressed several pain points in the crypto ecosystem, such as scalability and transaction issues,” said Rajagopal Menon, vice president of marketing at WazirX.

“It boasts a diverse range of partnerships, and its ongoing expansion showcases its popularity and rapidly growing user base. WazirX is excited to give users the opportunity to trade this token.”

The listings are a key step in Venom’s strategy to enhance its global reach and liquidity. They align with the Venom Foundation’s goal of increasing adoption and expanding its presence in the global crypto landscape.

About Venom

Venom is a cutting-edge layer zero and layer one network that seamlessly integrates with other independent networks through innovative Mesh technology.

Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts and decentralized applications (DApps).

Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability and user-friendly interfaces, Venom is ideal for hosting central bank digital currencies (CBDCs) and large-scale platforms.

Learn more at the Venom website.

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