Crytocurrency

After 37x growth since 2020, Web3 will add $1.1T to India’s GDP by 2032.

Over the next ten years, the global Web3 boom is expected to add $1.1 trillion to India’s economy. This will help more than 450 Indian startups, like CoinDCX, Polygon, and CoinSwitch, grow with the help of investments.

A recent study from the National Association of Software and Service Companies (NASSCOM), an Indian non-governmental trade association and advocacy group, showed that India is a leading global player in the Web3 market due to a large talent pool, a high adoption rate, and product development for international markets.

Related: Bitwise releases the Web3 ETF for both large and small investors.

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