In a recent seed round led by Alameda Ventures (FTX), Better Capital Ventures, and other institutional investors, Sahicoin raised $1.75 million.
The new round of money will be to expand the engineering and product teams, as well as the platform.
Amit Nayak, Ankush Rajput, and Melbin Thomas, all IIT Kanpur alumni, founded the platform with the goal of empowering the next billion crypto enthusiasts to make faster and better investment decisions.
Sahicoin brings together crypto specialists and novice investors to discuss the latest news, trends, information, and intelligence signals in the crypto world.
Users may acquire simplified crypto knowledge, track the best-performing portfolios, test investment methods. Then, and earn points and awards with the Sahicoin app, which is accessible on both Android and iOS.
India, the United States, Canada, the United Kingdom, Singapore, the United Arab Emirates. Then, and five other countries are among the current users and specialists.
“For most people crypto is noisy and inaccessible.”
“We need a product like Sahicoin that helps people make responsible investing decisions.” Then, Ramnik Arora, FTX adds.
So, Amit Nayak, Co-founder & CEO of Sahicoin, says
“Since crypto is global by nature, our growth too, is not just limited to India.”
“We plan to partner with key exchanges, DeFi, and NFT players,”
“which will expedite the onboarding of the next billion users onto the crypto ecosystem.”
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