The cryptocurrency exchange OKX plans to enter the Indian market and recruit local employees in an effort to expand the possibilities of Web3 applications, according to a CoinDesk report.
OKX chief marketing officer Haider Rafique said the company plans to scale up its wallet services “exponentially” via entrance into India’s developer community. He continued, saying there are currently 200,000 OKX Wallet users in India, which equates to barely 5% of India’s Web3 users.