**PRESS RELEASE: Mumbai, India, July 4th, 2024**
**Venom Foundation Achieves Milestone with $VENOM Listing on Leading Indian Crypto Exchanges**
Venom Foundation celebrates a significant achievement in its global expansion strategy with the listing of its native token, $VENOM, on two of India’s premier cryptocurrency exchanges, WazirX and CoinDCX. This strategic move is poised to enhance $VENOM’s visibility and adoption within India, leveraging the enormous user bases of these platforms.
Louis Tsu, CEO of Venom Foundation, expressed enthusiasm: “We are excited to announce the listing of $VENOM on WazirX and CoinDCX. This strategic entry into the Indian market, reaching over 30 million users, signifies a pivotal milestone for Venom. It underscores our dedication to fostering innovation and adoption in blockchain technology, paving the way for increased engagement and expansion in one of the world’s most dynamic crypto markets.”
Rajagopal Menon, VP of Marketing at WazirX, remarked: “VENOM network addresses critical aspects such as scalability and transaction efficiency in the crypto ecosystem. With its extensive partnerships and rapid growth, WazirX is pleased to facilitate trading of this token, offering users a valuable opportunity.”
**India: A Key Market for Venom**
India has emerged as a crucial center for blockchain and cryptocurrency amidst global developments. With a tech-savvy populace and a burgeoning crypto community, India presents a monumental opportunity for Venom to extend its influence and drive adoption.
**Listings on WazirX and CoinDCX**
**WazirX:** As India’s largest cryptocurrency exchange, WazirX serves a user base exceeding 16 million. $VENOM is now tradable in USDT and INR pairs.
**CoinDCX:** Another prominent player in India, CoinDCX boasts over 14 million users. $VENOM is available for trading in USDT and INR pairs on this platform as well.
**Key Highlights**
**Wide User Reach:** The combined user base of over 30 million on WazirX and CoinDCX offers unprecedented exposure for $VENOM in India.
**Market Expansion:** These listings mark a pivotal stride in Venom’s expansion strategy, highlighting the rapid growth and adoption of $VENOM in one of the world’s fastest-growing crypto markets.
**Enhanced Accessibility:** Indian users now enjoy streamlined access to trade $VENOM in their local currency, fostering greater adoption and engagement.
**Conclusion**
The listings of $VENOM on WazirX and CoinDCX represent strategic initiatives in Venom’s pursuit to broaden global reach and liquidity. These milestones align with Venom Foundation’s objective of promoting adoption and expanding its footprint in the global crypto landscape.
**About Venom**
Venom operates as an advanced layer-0 and layer-1 network, seamlessly integrating with various independent networks through innovative Mesh technology. Anchored by a masterchain for state and consensus management, Venom supports unlimited autonomous workchains for user accounts, smart contracts, and decentralized applications (dApps). Mesh technology optimizes inter-chain communication, ensuring speed and scalability. With rapid finality, robust security, stability, and user-friendly interfaces, Venom is well-suited for hosting CBDCs and large-scale platforms. Learn more at [Venom Foundation](https://venom.foundation/).
**Contact**
Venom Foundation
[email protected]
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