Crypto exchange Bitget and Avalanche are teaming up to boost the adoption of digital asset trading and blockchain technology in India.
Bitget announced on April 28 that it had entered a strategic collaboration with Avalanche (AVAX), that will leverage their strengths to bring web3 to the grassroots across India. The move follows various efforts by both Avalanche and Bitget in the quest to expand access and adoption of crypto.
Devika Mittal, regional head at Ava Labs, commented:
“Our goal with events is to provide a space to any web3 enthusiast – whether in Delhi or Varanasi, or anywhere else – to connect and build.”
Avalanche’s collaboration with government agencies in India, including programs focused on welfare projects and mini-grants, stands out in this alliance. The network’s robust ecosystem growth, with several decentralized applications launching, suggests strong potential for expansion.
Bitget, on the other hand, has rolled out initiatives such as Blockchain4Youth, pledging $10 million in support of scholarships, workshops, and hackathons over five years. The exchange’s Blockchain4Her initiative targets women-led Web3 projects, both in India and globally.
Avalanche and Bitget see their partnership as crucial to expanding Web3 adoption and plan to collaborate through 2025.
Jyotsna Hridyani, head of Bitget South Asia said:
“Empowering users with the right knowledge is essential to unlocking the full potential of blockchain in India’s digital future. At Bitget, we’re committed to bridging this gap through community programs, partnerships with universities, and accessible learning tools.”
India is one of the world’s top crypto destinations, with its massive population providing a huge market for web3 applications.
Bitget announced in July 2024 that it was working towards full regulatory approval in India.
Recently, the crypto exchange founded in 2018 revealed it had secured regulatory nod as a digital asset service provider in El Salvador.
The exchange’s transparency report for the first quarter of 2025 showed Bitget saw a 159% surge in its spot trading volume, reaching $2.08 trillion during the quarter. The exchange’s native token Bitget Token (BGB) is among the top 50 by market cap.
