Bloomberg: CoinSwitch Holding PeepalCo launches stock trading app Lemonn
ChainCatcher news, according to Bloomberg, the holding company of the Indian crypto exchange CoinSwitch, PeepalCo, has announced the launch of a stock trading application called Lemonn, which will initially offer stock trading and expand over time into areas such as mutual funds and derivatives. CoinSwitch and Lemonn will operate as independent businesses.
It is reported that CoinSwitch was founded in 2017, supported by Andreessen Horowitz and Tiger Global, and restructured its business last December, creating PeepalCo as a holding company responsible for overseeing the cryptocurrency platform and other new initiatives such as wealth management applications.
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