Launched on August 25, 2017, Koinex, India's first digital assets exchange claims to have crossed 50,000 crore cumulative transaction volume. In January 2018 Koinex hit peak trade volume of nearly 1722 crore in a day and ranked among the top 10 exchanges worldwide. Koinex recently launched Loop, P2P trading platform for Crypto/INR transactions and is focused on other blockchain applications.