CoinSwitch Appoints Shiva Tadikonda As New Chief Compliance Officer

* Shiva Kumar Tadikonda Joins CoinSwitch With Over 35 Years of Experience Across leading international and Indian banks, including DBS Bank India Ltd and ICICI Bank.

CoinSwitch, India's largest Crypto investing company, has appointed Shiva Tadikonda as the Chief Compliance officer. The appointment is in line with the company's continued efforts to strengthen its legal and compliance structures to create a compliant wealth-tech platform.

Tadikonda brings over 35 years of expertise in Compliance, Banking, Credit Analysis, Commercial Banking, Credit Risk, and Management Information Systems (MIS). Before this, he was the Senior Vice President at DBS Bank Limited, a Singapore-headquartered multinational banking, and financial services organization.

"CoinSwitch is committed to building a compliant investing ecosystem that investors and regulators can trust. Shiva's experience across large regulated financial institutions will strengthen our contribution towards shaping a progressive regulatory framework for Virtual Digital Assets (VDAs) and ensure ethics and compliance as we evolve into a preferred wealth tech destination," said Ashish Singhal, Co-founder and CEO, CoinSwitch.

"I am delighted to join CoinSwitch and contribute to our mission to make money equal for all. As VDAs continue to gain popularity, regulations will have to keep pace as this cutting-edge technology finds new dimensions to help innovators and investors to participate meaningfully," said Shiva Tadikonda, Chief Compliance Officer, CoinSwitch.

The CoinSwitch leadership team is composed of people with a variety of backgrounds spanning technology, Crypto, and financial services - in established and startup environments. Earlier this year, the company announced the appointment of former WhatsApp India executive Ashish Chandra as the General Counsel, former Myntra executive Ramesh Bafna as the Chief Financial Officer, and former MakeMyTrip executive Venkatesh R as the Policy Head.

Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital, Ribbit Capital, Paradigm, and Coinbase Ventures, CoinSwitch is evolving into a wealth-tech destination for every Indian.