Crypto Exchange Bitget and Avalanche Partner to Drive Blockchain Adoption in India
Crypto exchange Bitget and blockchain platform Avalanche have joined forces to accelerate the adoption of digital asset trading and blockchain technology in India. This strategic collaboration aims to leverage their combined expertise to bring Web3 technology to communities across the country, empowering users and fostering innovation in the crypto space.
Strengthening Blockchain Education and Access
Bitget announced the partnership on April 28, emphasizing its commitment to expanding access to blockchain technology and crypto education. Avalanche has been actively collaborating with government agencies in India, supporting welfare projects and mini-grants that align with its mission to enhance grassroots access to Web3. These initiatives are designed to create opportunities for developers, entrepreneurs, and enthusiasts across the country.
“Our goal with events is to provide a space to any Web3 enthusiastβwhether in Delhi or Varanasi, or anywhere elseβto connect and build,” said Devika Mittal, Regional Head at Ava Labs.
Key Initiatives: Blockchain4Youth and Blockchain4Her
Bitget has launched several programs aimed at fostering blockchain adoption and education. One notable initiative is Blockchain4Youth, a $10 million pledge to fund scholarships, workshops, and hackathons over five years. Additionally, the Blockchain4Her program supports women-led Web3 projects, promoting diversity and inclusion within the blockchain industry both in India and globally.
“Empowering users with the right knowledge is essential to unlocking the full potential of blockchain in Indiaβs digital future. At Bitget, weβre committed to bridging this gap through community programs, partnerships with universities, and accessible learning tools,” said Jyotsna Hridyani, Head of Bitget South Asia.
India: A Thriving Market for Web3
Indiaβs vast population and growing interest in cryptocurrencies make it one of the most promising markets for Web3 applications. Avalancheβs robust ecosystem, which hosts numerous decentralized applications, and Bitgetβs educational initiatives are poised to capitalize on this market potential. The partnership is expected to drive blockchain adoption in India through 2025.
Regulatory Progress and Market Performance
Bitget has been working toward full regulatory approval in India, a move expected to bolster its presence in the region. The exchange also recently secured regulatory approval in El Salvador, further solidifying its global credibility. According to Bitgetβs transparency report for Q1 2025, the exchange experienced a 159% surge in spot trading volume, reaching $2.08 trillion. Its native token, Bitget Token (BGB), is now ranked among the top 50 cryptocurrencies by market capitalization.
Avalanche and Bitgetβs partnership represents a significant step forward in expanding blockchain technology and crypto education in India, paving the way for widespread Web3 adoption in the years to come.