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Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the …

Investments in crypto hit a new record of $17 billion, but Indian funds are yet to jump on the bandwagon

The year has recorded investments worth $17 billion in the crypto space already, the largest in any year so far. According to a whitepaper by IndiaTech, Indian companies only received 0.2% of the $5.5 billion invested globally as of May. While foreign funds are still dipping their toe in Indian crypto companies, local investors remain wary due to regulatory uncertainty.