Web3, digital assets might add $1.1 trillion to India’s GDP over the next 11 years : Report by CrossTower

  • The report comes days after the Indian government published a National Strategy on Blockchain, which is meant to facilitate the development of blockchain technology and web 3.0 applications in the country
  • Digital assets and related businesses can add as much as $1.1 trillion to India’s gross domestic product in the next 11 years, said a report by Singapore-based crypto exchange CrossTower.
  • The company partnered with the US-India Strategic Partnership Forum for the report, which said that the global digital asset market has grown from approximately $1.5 billion in 2013 to $3 trillion in 2021.

[Via]

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