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Venom Expands into India with Dual Listings on WazirX and CoinDCX

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    Global, Global, July 4th, 2024, Chainwire

    Venom Foundation is pleased to announce a major milestone in its global expansion strategy: the listing of its native token, $VENOM, on two of India’s leading cryptocurrency exchanges, WazirX and CoinDCX. This pivotal move grants Venom access to a massive user base in the world’s most populous country, further driving the adoption and visibility of $VENOM.

    “We are thrilled to announce the listing of $VENOM on WazirX and CoinDCX. This strategic move into the Indian market, with access to over 30 million users, marks a significant milestone for Venom. It underscores our commitment to fostering innovation and adoption in the blockchain space, paving the way for greater engagement and growth in one of the world’s most dynamic crypto markets.” – Louis Tsu, CEO of Venom Foundation

    Rajagopal Menon, VP of Marketing at WazirX, said, “VENOM network has already checked several boxes such as addressing scalability and transaction issues in the crypto ecosystem. It has a diverse range of partnerships and its ongoing expansion showcases its popularity and burgeoning user base. WazirX is excited to give users the opportunity to trade this token.”

    India: A Key Market for Venom

    As the global cryptocurrency landscape evolves, India has emerged as a vital hub for blockchain and crypto. With its tech-savvy population and rapidly growing crypto community, India represents a monumental opportunity for Venom to expand its reach and drive adoption.

    Listings on WazirX and CoinDCX

    WazirX: As India’s largest cryptocurrency exchange, WazirX serves over 16 million users. $VENOM is now available for trading in USDT and INR pairs.

    CoinDCX: CoinDCX, another major player in the Indian market, boasts over 14 million users. $VENOM is also available for trading in USDT and INR pairs.

    Key Highlights

    Vast User Reach: The combined user base of over 30 million on WazirX and CoinDCX offers unparalleled exposure for $VENOM in India.

    Market Expansion: These listings mark a crucial milestone in Venom’s expansion strategy, highlighting the explosive growth and adoption of $VENOM in one of the world’s fastest-growing crypto markets.

    Enhanced Accessibility: Indian users now have streamlined access to trade $VENOM in their local currency, fostering greater adoption and engagement.

    Conclusion

    The listings of $VENOM on WazirX and CoinDCX are pivotal steps in Venom’s strategy to enhance its global reach and liquidity. These listings align with the Venom Foundation goal of increasing adoption and expanding it’s presence in the global crypto landscape.

    About Venom

    Venom is a cutting-edge layer-0 and layer-1 network, seamlessly integrating with other independent networks through innovative Mesh technology. Anchored by a masterchain for overall state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is ideal for hosting CBDCs and large-scale platforms. Learn more at https://venom.foundation/

    Contact

    Venom Foundation
    [email protected]

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    AgentSmyth Appoints Industry Veteran Robert DiFazio as Chief Strategy Officer and Board Member Amidst Rapid Growth and Milestone Achievements

    2024-10-01T08:23:00Z

    Company Surpasses 10,000 Client Searches, Adds 200+ Institutional Traders, and Accelerates Adoption of Its Offerings

    NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- AgentSmyth, a leading AI-powered financial data and analytics platform, today announced the appointment of Robert DiFazio as Chief Strategy Officer (CSO) and member of its Board of Directors. With over 40 years of experience in capital markets and investment management, DiFazio brings unparalleled expertise to AgentSmyth at a pivotal moment in the company's expansion.

    An Unmatched Industry Leader Joins AgentSmyth

    Robert DiFazio's illustrious career includes senior leadership roles such as Co-Head of Global Equities at Citigroup and a Founding Investor in Strategas Research Partners. His extensive background in capital markets, trading, investment banking, and venture capital has shaped strategies for some of the world's most influential financial institutions.

    "Joining AgentSmyth is an exciting opportunity to be at the forefront of fintech innovation," said Robert DiFazio, CSO of AgentSmyth. "The company's AI-driven approach is transforming how financial professionals access and utilize data. I look forward to contributing to its next phase of growth."

    Strengthening Leadership with Key Technology Hires

    In addition to DiFazio's appointment, AgentSmyth has bolstered its technology leadership team with the hiring of Brian Jo as Chief Technology Officer (CTO) and Salman Razzaq as Vice President of Engineering. Brian Jo, formerly at Market Reader, brings a wealth of experience in developing advanced financial platforms. Salman Razzaq, previously at S&P Global, adds significant expertise in engineering scalable solutions for complex data environments.

    "Our expanded leadership team positions us to accelerate innovation and deliver even greater value to our clients," said Pulkit Jaiswal, Co-CEO of AgentSmyth. "Brian and Salman are instrumental in enhancing our platform's capabilities and scaling our operations globally."

    Significant Milestones: Over 10,000 Client Searches and Rapid User Growth

    Since launching its AgentSmyth All-Access offering just three months ago, the company has surpassed 10,000 client searches, signaling strong market validation. Additionally, AgentSmyth has onboarded over 200 institutional traders from both buy-side and sell-side firms, with a growing number converting into paid licenses.

    AgentSmyth's platform covers 58,200 equities, with an average agent response time of 2.5 to 30 seconds. The efficiency gained through the platform's AI agents has saved clients an estimated 296 days of research hours compared to traditional tools. 

    "Reaching over 10,000 client searches in such a short timeframe demonstrates the market's appetite for smarter, faster insights," said Pulkit Jaiswal, Co-CEO of AgentSmyth. "Our platform is revolutionizing how professionals consume data, turning complex market dynamics into actionable intelligence."

    Introducing the Rag2Riches Framework and Technological Advancements

    At the core of AgentSmyth's technological innovation is the proprietary Rag2Riches Framework, which dynamically upgrades vector contexts with real-time insights on economic events, news, and trader actions. By integrating live Level 2 (L2) flows and options data, the platform delivers unparalleled market intelligence, keeping clients ahead with precise, actionable insights.

    "Our Rag2Riches Framework is a game-changer for market analysis," noted Brian Jo, CTO of AgentSmyth. "By providing real-time, context-rich data, we're empowering traders and analysts to make informed decisions faster than ever before."

    Diverse Offerings Catering to Active and Passive Customers

    AgentSmyth's two main offerings—AgentSmyth All-Access and Silver Bullets—are seeing strong adoption, catering to both active traders seeking in-depth analysis and passive customers who prefer concise, actionable insights delivered directly to their inboxes.

    "Our diverse product suite was designed to meet the unique needs of different market participants," said Mike Block, COO of AgentSmyth. "Whether it's comprehensive analysis or quick, actionable insights, we're delivering value across the spectrum."

    Empowered by SEC Registration

    The company's momentum is further accelerated by its recent approval as an SEC-registered investment advisor. This regulatory milestone allows AgentSmyth to onboard paid clients while delivering real-time, actionable trade recommendations, ensuring compliance and transparency.

    "SEC registration was a critical step in our mission to democratize access to advanced market intelligence," added Mike Block, COO of AgentSmyth. "It enables us to scale our offerings responsibly while meeting the stringent requirements expected by our institutional clients."

    Looking Ahead: Global Expansion & Market Reach

    AgentSmyth is poised for continued aggressive growth, with plans to expand into European and Asian equity markets by Q1 2025 through existing data partnerships. Additionally, AgentSmyth has secured strategic partnerships with several Order Management Systems (OMS). These collaborations facilitate deep integration into existing workflows, granting AgentSmyth access to over 2,000 institutional traders and portfolio managers without additional marketing expenditure.

    "Our OMS partnerships provide the infrastructure for rapid adoption across the financial services landscape," noted Daniel McCooey, Co-CEO of AgentSmyth. "Clients can seamlessly incorporate our AI agents into their daily operations, enhancing decision-making with zero friction. "We're entering an exciting phase of global expansion and product enhancement," said Robert DiFazio, CSO of AgentSmyth. "I’m eager to leverage my experience to drive AgentSmyth’s strategic initiatives and deliver unparalleled value to our clients."

    About AgentSmyth

    For additional details, please contact: [email protected]

    For press inquiries: [email protected]

    For more information about AgentSmyth: agentsmyth.com

    To follow on LinkedIn: https://www.linkedin.com/company/agentsmyth/

    To follow on X.com: https://x.com/AgentSmyth

    Contact

    Co-Founder, CSO

    Michael Block

    AgentSmyth

    [email protected]


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