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Mudrex
Mudrex is a Y Combinator-backed crypto investment platform with over 3 million users, aiming to simplify crypto investing for both retail and institutional clients. It offers services such as buying cryptocurrencies, curated coin sets (Coin Sets), futures trading, and B2B crypto payment infrastructure through its Saber.Money product. The company is registered in Lithuania and operates under its AML/CFT regulations.
Bengaluru, IN
Description
Mudrex is a US-headquartered and Bengaluru-based fintech startup, backed by Y-Combinator and investors like Village Global, Arkham Ventures, and Nexus Venture Partners. With over 3 million users, its mission is to democratize crypto investing by making it accessible, transparent, and secure. The platform offers a comprehensive range of services including spot and futures trading, an OTC desk (Mudrex Prime OTC), and an 'Earn' feature for generating returns on crypto holdings. For retail investors, its flagship product is 'Coin Sets,' which are curated crypto portfolios. For businesses, Mudrex provides next-generation B2B crypto payment infrastructure through Saber.Money, featuring a robust API and embeddable SDK for seamless onramp and offramp services. Mudrex operates in compliance with global regulations, being registered as a Virtual Asset Service Provider (VASP) in the European Union, with the Organismo Agenti e Mediatori (OAM) in Italy, and adhering to Financial Intelligence Unit (FIU) guidelines in India. The company is registered in Lithuania as Mudrex TR UAB Holdings and employs strict AML/CFT and KYC procedures using services like Chainalysis and Sumsub for transaction monitoring.Grant Funding
VC Funding
None
2021
$0
$9M