Digital Assets Exchange Koinex Ventures Into Blockchain Solutions; Sets Up a New Development Center

/ -- Exchange platform promotes blockchain solutions, unveils its plans for global expansion
When asked about his vision for this expansion, Rahul Raj, Co-Founder & CEO, Koinex said, "Digital assets exchanges are at the epicenter of all blockchain related development today. Having built India's first and largest exchange, it gives us the confidence to now diversify our product offerings. As per recent Thomson Reuters reports, overall global debt capital markets activity totaled US$5.3 trillion during the first nine months of 2018 with equity capital markets activity at US$403.2 billion during the first half of 2018. With such enormous size of these markets, there is a tremendous opportunity to solve issues like latency, reconciliation, access to capital and building of new financial instruments, all with the use of blockchain technology. We're focused on building the next-gen FinTech solutions for the emerging digital world. Along with that, we're also venturing into building first and second layer blockchain infrastructure tools as part of our R&D initiatives which are going to be critical for product developers and designers who can easily build decentralized applications (or dApps) and push this technology with a consumer focus into the masses. We plan to triple our workforce to be able to achieve these targets and will continue to focus on the exchange business alongside."