CoinDCX Appoints Rohit Jain To Lead Its Web3 Arm Okto

CoinDCX declared strategic leadership appointments for Okto, its Web3 and DeFi arm. Rohit Jain has been appointed to lead Okto, the Web3 and DeFi arm of CoinDCX, while continuing to serve as chief strategy & investment officer at CoinDCX and managing director of CoinDCX Ventures.

Minal Thukral, a key contributor to CoinDCX's growth story for over five years, joined the Okto leadership team to spearhead ecosystem growth for Okto, focusing on driving business development, partnerships, and expanding the Okto wallet.

Over the past two years, CoinDCX has made significant investments in building a robust talent pool for Okto, recruiting a top-tier engineering team and skilled professionals across diverse functions. With a dedicated and highly capable team of 100 individuals solely focused on Okto, including significant involvement from Co-Founder Neeraj Khandelwal, Okto is now well-positioned to execute its ambitious vision, said the company.

Neeraj Khandelwal, Co-Founder, CoinDCX & Okto, commented, "In the past three years, our focus has been on solving key challenges in user experience in the Web3 space. With the recent starting of our Okto Chain, we aim to simplify blockchain technology and provide developers with seamless tools to integrate Web3 functionality into their applications. Rohit’s proven expertise in the Web3 space, combined with Minal’s instrumental role in CoinDCX’s growth journey, will be pivotal as we scale the Okto ecosystem. I am confident that with their leadership, we will unlock new opportunities and drive innovation across the decentralized economy."
 

The company said that Rohit is poised to leverage his expertise to spearhead CoinDCX's mission of fostering a decentralised economy. With Rohit at the helm, Okto Chain aims to streamline the fragmented Web3 landscape through its chain abstraction layer, simplifying the integration of blockchain technology for developers and users alike. Simultaneously, Minal, in his capacity as the driving force behind Okto's ecosystem growth, will champion the adoption of Okto SDKs, empowering developers to effortlessly integrate sophisticated Web3 features into their applications.