Bengaluru: Crypto asset management platform Mudrex on Tuesday said that it has raised $2.5 million as a part of its seed round led by Nexus Venture Partners. The round also saw participation from Village Global; Cred founder, Kunal Shah; former Facebook executive, Anand Chandrashekharan; and Avaana Capital founder, Anjali Bansal. Three-year-old Mudrex helps simplify crypto investing by providing innovative investment products modelled along the lines of ‘mutual fund’ and ‘exchange traded funds’ for long-term wealth creation. The goal of the startup is to create systematic investment products for the crypto industry. Today, Mudrex is a global platform with users from over 90 countries.

Source: Mint August 10, 2021 07:16 UTC