Pi42 Expands in Rajasthan, Aiming to Onboard One Lakh Traders

Crypto-INR Perpetual Futures Exchange Pi42 is making a significant move to solidify its presence in Rajasthan, with ambitious plans to onboard over one lakh traders from Jaipur and surrounding areas within the next two years. This expansion reflects Pi42's strategic focus on this vital market.

Recently, the company introduced options trading, providing experienced investors with advanced tools and enhanced flexibility. "Rajasthan is a key market for us," stated Pi42 Co-Founder and CEO Avinash Shekhar, highlighting a 10% increase in investor sign-ups during the first seven months of the current fiscal year compared to the last.

The platform's user demographics reveal that a majority, around 52%, are aged 18–25, including students, salaried individuals, and small business owners. Pi42, registered with the Financial Intelligence Unit (FIU), aspires to be a fully compliant global crypto futures and options platform.

(With inputs from agencies.)