CoinSwitch unveils a new umbrella brand

economictimes.indiatimes.com:

CoinSwitch, one of India's top cryptocurrency investment platforms, has unveiled PeepalCo, a new umbrella brand that will house all its business divisions as part of its wealth tech expansion.

PeepalCo will house the following brands: CoinSwitch, the crypto retail app, and CoinSwitch PRO, the advanced trading platform; a soon-to-be-launched platform featuring newer investment classes; and a wealth-management division catering to High-Net-Worth Individuals (HNIs).

The restructuring will empower each of these business units to maintain agility and drive innovation while upholding the utmost compliance and regulatory standards.

Ashish Singhal, Co-founder & Group CEO of PeepalCo group; Govind Soni, Co-founder & Group CTO of PeepalCo group; and Vimal Sagar Tiwari, Co-founder & Group COO of PeepalCo group, will oversee the different initiatives within the PeepalCo group, with a professional management team responsible for guiding and operating each individual unit.

Did you Know?

As a beginner to cryptocurrency investing, you should consider two critical things. First, you should determine and understand your risk tolerance, as cryptocurrencies can be volatile. Only invest what you can afford to lose. Secondly, don’t put all your funds in one cryptocurrency; diversify to mitigate risks. Deciding where to invest your hard-earned money can be difficult.

Detailing the organization's long-term vision, Ashish Singhal, Co-Founder and Group CEO of the PeepalCo group, said “The new structure is designed to unlock the full potential of our organisation and align our resources more effectively. We will focus on capital allocation and work to make sure each business under professional management is executing to its best.