DIFX is a cross-asset trading platform where users can trade virtually anything from gold to stocks to bitcoin
With Bitcoin’s all time high, blockchain and cryptocurrency companies are back in the limelight this year. Tech entrepreneur and host, Nikita Sachdev, sat down with one particular project that is revolutionizing the way we trade digital assets. DIFX is a cross-asset trading platform where users can trade virtually anything from gold to stocks to bitcoin.
1. Where did you come up with the idea for DIFX?
As a multi asset trader all my life and venture capitalist, I had a few competing ideas in financial services that I toyed around with. After investing in digital assets back in 2017, I found it an inconvenience to switch between digital and traditional assets such as commodities, forex, stocks and indices. The initial idea was for a new kind of platform which can offer multi assets trading, but after getting the right team of people on board, who are leaders in their respective fields of banking, technology, marketing and fund management, we initiated the development of the cross asset platform wherein cryptocurrencies can be used to trade traditional assets with cross pairing between all assets.
2. Mr. Kataria, what is your background in the crypto space?
I have over 14 years of experience in financial markets, investment banking and fund management, and have been associated with the foremost global financial service organizations while being involved with several startups ranging from fintech to AI. In addition, I am a financial strategist for large Family offices in the Middle East and Southeast Asia for crypto investments.
3. What is the vision with DIFX?