Mudrex, a leading global cryptocurrency investment platform, reported an impressive 200% growth in its user base in 2024, surpassing the three million mark. Alongside this milestone, the company experienced a remarkable 20-fold increase in its monthly trading volume, which now exceeds $200 million.
Buoyed by this success, Mudrex has set its sights on ambitious expansion plans, aiming to grow its user base to 10 million by the end of 2025 while exploring new markets worldwide.
Alankar Saxena, Co-Founder and Chief Product Officer of Mudrex, expressed gratitude to the platform’s growing community. “This fee waiver is our way of thanking our community for their unwavering support and trust,” Saxena said, underscoring the company’s commitment to enhancing user satisfaction.
Regulatory Milestones Fuel Growth
In 2023, Mudrex achieved significant regulatory milestones that have bolstered its credibility in the competitive cryptocurrency landscape. The platform secured registration as a Virtual Asset Service Provider (VASP) in the European Union, enabling it to offer regulated services across the bloc. Additionally, Mudrex is one of the few cryptocurrency platforms registered with the Financial Intelligence Unit (FIU) in India, further solidifying its regulatory compliance.
Edul Patel, Co-Founder and CEO of Mudrex, reflected on the company’s journey and its future aspirations. “Today, as we celebrate this milestone, we’re not just reflecting on our journey but also looking ahead with ambitious goals,” Patel remarked, highlighting Mudrex’s focus on growth and innovation.
Expanding Horizons
Mudrex’s exponential growth reflects the increasing global interest in cryptocurrency investments and the platform’s ability to cater to the evolving needs of its users. With a clear roadmap for 2025 and a commitment to entering untapped markets, Mudrex is positioning itself as a key player in the global cryptocurrency ecosystem.
As the company continues to innovate and expand its reach, it is poised to further capitalize on the rising adoption of digital assets, setting the stage for even greater milestones in the years to come.
