Interview with Khaleelulla Baig, co-founder and CEO of Koinbasket

Interview with Khaleelulla Baig, co-founder and CEO of Koinbasket. What inspired you to start this business? I’ve witnessed retail investors struggle due to rampant mis-selling and biased investment advice. This led me to take up the mission to empower them with powerful tools otherwise available to only institutional and high net-worth individuals (HNIs). What are some of the challenges you faced when starting off? Choosing the right advisors, investors and team for a fairly new crypto industry was a major challenge due to a scarcity of genuine experts and talent. What is the core concept driving Koinbasket? KoinBasket helps novice retail investors invest in handpicked crypto baskets in a hassle-free manner. It lets you invest in diversified cryptocurrency portfolios and indexes, implementing a proprietary algorithmic approach to pick the best from thousands of crypto products in real time. What are some of the expansion plans you have in your pipeline? We’ve gone live in the US with Coinbase, and are soon launching in the UAE. We will expand across the MENA region. What’s your outlook on the crypto industry in the region? The UAE, especially Dubai, has emerged as the world’s leading capital for the crypto ecosystem. It’s attracting global entrepreneurs to the region, building a thriving Web 3.0 community via events, summits and exhibitions and providing regulatory clarity so entrepreneurs can scale their businesses without having to worry about uncertainties around compliances.