CoinDCX Appoints Gaurav Arora To Lead DeFi Initiatives

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Indi­an cryp­to trad­ing plat­form, CoinD­CX, has announced the appoint­ment of Gau­rav Aro­ra as Senior Vice Pres­i­dent, CoinD­CX Pro, to lead its next phase growth, which will focus on devel­op­ing use cas­es of cryp­to and blockchain tech­nol­o­gy. CoinD­CX has been bring­ing cryp­to trad­ing to the mass­es in India and is now look­ing to bring sim­i­lar inno­va­tion to the Web3 ecosys­tem and make the world of Web3 and DeFi (Decen­tralised Finance) more acces­si­ble to the masses. 

As per a report by Gart­ner, by the year 2026, 25 per­cent of con­sumers will spend a min­i­mum of 1 hour a day on meta­verse for work, shop­ping, edu­ca­tion, social or enter­tain­ment pur­pos­es. This ecosys­tem will have its own vir­tu­al econ­o­my enabled by dig­i­tal cur­ren­cies and non­fun­gi­ble tokens (NFTs). 

Gau­rav brings in over a decade’s expe­ri­ence in build­ing large fin­tech super apps. In his pre­vi­ous stint as Direc­tor of Prod­ucts, Ama­zon Pay India, he was respon­si­ble for launch­ing and scal­ing dig­i­tal pay­ments across many cat­e­gories such as Bill Pay­ments, Mon­ey Trans­fers, Finan­cial Ser­vice pay­ments, and movie tick­et­ing. He also launched the Ama­zon Pay wal­let prod­uct which is ranked among the top PPI wal­lets in India.

An IIT Roor­kee grad­u­ate and an MBA from IIM ‑B in finance, Gau­rav also brings with him trad­ing exper­tise from his days as an equi­ties trad­er in Nomu­ra Secu­ri­ties, Hong Kong where he designed and trad­ed arbi­trage mod­els in Asian markets. 

Com­ment­ing on the appoint­ment, Mr. Neer­aj Khan­del­w­al, Co-founder, CoinD­CX said “I believe Web3 and Blockchain tech­nol­o­gy will save bil­lions of dol­lars for the com­mon man and gen­er­ate pow­er­ful income oppor­tu­ni­ties as Cryp­to has a lot of appli­ca­tions for con­sumers.  Gau­rav with his exten­sive expe­ri­ence in build­ing con­sumer-friend­ly prod­ucts will focus on build­ing on the DeFi space which has the poten­tial to finan­cial­ly empow­er bil­lions. We are delight­ed to have Gau­rav on board when CoinD­CX has embarked on a new chap­ter of  growth and innovation”. 

“I am hap­py to join the CoinD­CX fam­i­ly. The world of Web3 and DeFi is in its nascent stages and large­ly inac­ces­si­ble by most peo­ple due to its com­plex­i­ties. We believe that over the next few years, 100s of mil­lions of users will be inter­act­ing with the decen­tral­ized blockchain ecosys­tem. Our goal is to pro­vide a bridge for these cus­tomers to access the oppor­tu­ni­ties safe­ly and eas­i­ly in this sys­tem,” said Mr. Gau­rav Aro­ra while com­ment­ing on his appoint­ment at CoinDCX. 


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