The global crypto market was on a bullish trajectory last week thanks to a less hawkish fed, ease in inflation worries and recovery in the risk appetite of investors for riskier assets, leading to a steady recovery. Citing CryptoCompare's report, Edul Patel, CEO and Co-founder of Mudrex said that Ethereum and its related products have led the market to rebound in July.
“Given that the whole scale of the real money gaming business in India is very large, the opportunity for Nazara to consolidate and scale this pretty rapidly will be very high. Today it contributes about 5-6% of our overall revenues but can this be a 20% contributor in the next couple of years? It surely can be but with the rider that we need more clarity to operate in this space.”
"Our digital services for DPs (depository participants), investors and other market participants have been delivering on the promise of making it easier to access the securities markets independently and improve the experience for all market participants," he added.