Crypto unicorn CoinDCX, backed by the likes of Polychain, Pantera Capital, Bain Capital, and Coinbase Ventures, has announced plans to launch the mobile app Okto in order to expand its presence in the DeFi and Web3 ecosystems.
Okto will be a keyless self-custodial wallet with multiple layers of security and native access to over 100 decentralised apps. The Defi App will open doors by providing access to over 20 chains and over 100 protocols. While Indian users will be able to access the Okto wallet through the CoinDCX Pro app to securely navigate opportunities in DeFi, CoinDCX said in a statement that it will be launched as a standalone Okto app globally.