India's cryptocurrency trading surged to $1.9 billion in the fourth quarter of 2024, more than doubling the volume from the previous quarter. This growth positions India as a significant player in the global crypto market. Additionally, India ranked first globally in initial public offering (IPO) volume in 2024, raising $19.5 billion and accounting for 23% of the world’s IPO activity. The country surpassed the United States, which had 183 issues, and outpaced Europe by listing more than two and a half times as many IPOs. The surge in both cryptocurrency trading and IPOs highlights India's rising influence in global financial markets.