Tegro, Siddharth Menon’s new startup with SuperGaming, plans a market for crypto gaming assets. But the big questions remain unanswered.
Siddharth Menon is a calm man. That’s a rare sight among crypto founders during a bear market. Part of the reason why he’s able to maintain his cool is because this isn’t the first time Menon has had to sell an idea to a room of sceptics. Having built one of India’s early cryptocurrency exchanges, WazirX, he says he knows what that feels like to be doubted.
“WazirX was built during perhaps the worst time for cryptos,” he says. “So I’m not surprised if people are now looking at Tegro with suspicion too.”
In late 2019, Binance—the Cayman Islands-headquartered crypto exchange that is the largest in the world by trading volumes—announced that it was acquiring WazirX; earlier this year, it looked like Menon and another co-founder, Nischal Shetty, were moving out to work on new crypto projects. (We’ve written about Shetty’s Akanksha Sarma
Akanksha covered the cryptocurrency industry and other new technology at The Morning Context. Her main area of interest is exploring the vast intersection between businesses and culture in the internet age. Previously, she was an associate sub-editor at Moneycontrol, the online financial news publication owned by Network18.
Pranav is a co-founder at The Morning Context and leads our edit team. He has previously worked as a writer and editor at The Ken and Mint, where he worked on business news from tech to banking to deals. At The Morning Context, he helps manage editorial operations, edits and commissions long-form stories, and writes at the intersections of technology, business and finance.
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