Bengaluru-based Mudrex has made headlines in 2024, achieving remarkable growth that positions it as the fastest growing crypto platform in India. With a staggering 10x increase in revenue and trading volume, the platform is reshaping the landscape of crypto investment in the country. This surge is not just about numbers; it reflects a broader trend of increasing interest in cryptocurrency among Indian investors.
Unprecedented Growth Metrics
Mudrex’s growth story is nothing short of impressive. The platform’s monthly trading volume skyrocketed from $10 million to an astonishing $100 million within a year. This leap is indicative of a thriving user base, which has expanded at a rate of 40% month-on-month.
- Key Growth Metrics:
- Revenue Growth: 10x increase
- Monthly Trading Volume: $10 million to $100 million
- New Users: 40% month-on-month increase
This rapid expansion is a testament to Mudrex’s strategic initiatives and its ability to attract and retain users in a competitive market. The platform’s focus on user experience and education has played a crucial role in this growth.
The Power of Organic Traffic
According to recent data from SemRush, Mudrex has also seen a significant uptick in organic traffic, which is vital for any online platform. This increase in visibility has been instrumental in driving new users to the platform.
- Organic Traffic Insights:
- Enhanced search visibility
- Effective positioning in a competitive market
- Increased user engagement
The ability to capture organic search traffic highlights Mudrex’s marketing prowess and its commitment to educating potential investors about cryptocurrency. This approach not only attracts new users but also fosters a community of informed investors.
Educational Initiatives and Regulatory Compliance
Mudrex has been proactive in raising awareness about cryptocurrency through various educational initiatives. These efforts aim to empower users to make informed investment decisions. The platform’s commitment to education is evident in its resources and tools designed for both novice and experienced investors.
Moreover, Mudrex is one of the first platforms to be registered with the Financial Intelligence Unit (FIU) in India. This regulatory compliance enhances its credibility and trustworthiness in the eyes of users. Additionally, Mudrex holds a Virtual Asset Service Provider (VASP) registration, allowing it to operate within the European Union.
Leadership Insights and Future Aspirations
Mr. Edul Patel, CEO and Co-founder of Mudrex, expressed pride in the team’s hard work and dedication. He emphasized that the platform’s growth is a reflection of the trust users place in Mudrex.
“The team has worked quite hard to achieve these incredible milestones. Our focus has always been on building a platform that simplifies crypto investing and provides a safe, secure, and user-friendly experience,” Patel stated.
As Mudrex continues to expand, its vision remains clear: to make crypto accessible to the masses. The founders, including Edul Patel, Alankar Saxena, Rohit Goyal, and Prince Arora, aim to establish Mudrex as the largest asset management platform for crypto, catering to both newcomers and seasoned investors alike.

Rose Cole is a talented junior news writer at Crypto Quill, specializing in covering the latest updates on cryptocurrency and Bitcoin. With a passion for staying abreast of developments in the digital finance space, Rose’s articles provide readers with timely and informative news on the ever-evolving world of cryptocurrencies. Despite her junior status, Rose’s dedication to accurate reporting and commitment to delivering relevant content shine through in her work. Count on Rose to bring you the most current and essential news in the realm of cryptocurrency and Bitcoin, offering a fresh perspective to Crypto Quill’s readers.