Jignesh Shah built his career on a single conviction: that technology, applied with purpose, can democratise access to systems that were never designed to be open. That conviction did not retire when he stepped back from all of the executive roles from the company. It keeps building, through the people and organisation he left behind.
A philosophy that outlasted its author’s tenure
When Jignesh Shah founded Financial Technologies India Ltd, now 63 moons technologies, in 1995, he pioneered fintech before the word existed. His Public-Private Partnership model, his insistence on proprietary IP, and his instinct for building institutions rather than mere products produced a network of exchanges, MCX, MCX-SX, IEX, DGCX, SMX, Bourse Africa, that became enduring pillars of the global financial ecosystem. Shah has since relinquished all executive roles. As Chairman Emeritus and coach and mentor, his focus today is singular: nurturing the next generation of entrepreneurs within the organisation, passing on not a set of instructions but a way of thinking. The philosophy he seeded, innovate, disrupt, democratise, has taken root deeply enough that Jignesh Shah 63 moons continues to grow in its spirit, without requiring his hand in its operations. That philosophy now animates four new ventures pushing into cybersecurity, Web3, legal technology, and digital gold.
63SATS: making cybersecurity a right, not a luxury
Shah’s framing of digital security, that data is oil, AI is the brain, and cybersecurity is oxygen, captures precisely the kind of systemic thinking that defined his exchange-building years. That framing now lives inside 63SATS, a cybersecurity initiative built on 63 moons’ robust technology architecture. Where most cybersecurity providers specialise in either auditing or deployment, 63SATS offers a comprehensive, end-to-end suite of solutions for businesses, individuals, and the public sector alike. Its flagship offerings, CYBX, 63CSF, and CYBERDOME, address the full spectrum of cyber threats, from individual users to national critical infrastructure. Solutions are customised to evolving client needs rather than locked into rigid frameworks, an adaptability that reflects the same design instinct that made 63 moons’ earlier platforms so widely adopted. In a market projected to reach ₹1 lakh crore by 2029, 63SATS is positioned not merely to participate but to define what comprehensive digital protection looks like.
3.0 Labs: building the infrastructure of a decentralised world
As the internet shifts from centralised platforms toward decentralised ownership, 63 moons is at the forefront through 3.0 Labs, its Web3 initiative focused on real-world digital assets and virtual digital asset vectors. 3.0 Labs advances blockchain applications, tokenisation infrastructure, and digital asset services, forging strategic partnerships that extend its reach across the emerging Web3 landscape. The echo of Jignesh Shah’s founding philosophy is unmistakable. Just as Jignesh Shah MCX democratised commodity markets by bringing transparent infrastructure to previously excluded participants, 3.0 Labs is building the open, verifiable systems that a decentralised economy requires. Technology changes. The underlying conviction, that well-designed infrastructure expands who gets to participate, remains constant, woven into the culture Shah cultivated and the entrepreneurs he continues to inspire.
QiLegal: bringing technology to the justice system
India’s judicial system carries a backlog of over 80,000 cases in the Supreme Court alone, a scale of congestion that no amount of additional judges or courtrooms can resolve without structural change. QiLegal is 63 moons’ response: an AI-powered, cloud-based platform that streamlines legal workflows for arbitrators, mediators, and dispute resolution professionals, offering a faster and more accessible alternative to traditional litigation. The platform enhances legal research, optimises document management, and accelerates dispute resolution, capabilities aligned with the vision articulated by former Chief Justice of India D.Y. Chandrachud for AI-driven judicial modernisation. In spirit, QiLegal is a direct descendant of Shah’s core belief that opacity and exclusion are design failures, not inevitable features. It does not just improve process efficiency, it makes justice more reachable for those the existing system’s pace and cost have long left behind.
IGM: reimagining gold for a digital economy
India Gold Metaverse (IGM) is 63 moons’ most recent frontier: a centralised, tech-empowered ecosystem integrating bullion trading, jewellery marketplace, loans against gold, and blockchain-based gold tokenisation into a single platform. In bullion, IGM operates as the world’s first aggregator of its kind, enabling purchases from 100 grams to one tonne with real-time pricing, T+1 delivery, and standardised logistics. Gold accounts for 7 percent of India’s total imports, with annual import value touching $86 billion, yet the market remains deeply fragmented. IGM is solving this problem by introducing the institutional efficiency and price parity measures the sector currently lacks. In jewellery, IGM functions as a discovery and retail platform, a curated, transparent marketplace connecting consumers with national brands, local retailers, and independent artisans. For gold loans, the platform aggregates offerings from RBI-authorised banks, NBFCs, and gold loan providers, with doorstep gold testing conducted transparently via portable karatmeter, fully video recorded. The gold loan market stands at an estimated ₹24 lakh crore, with only 32–37 percent currently organised, a gap IGM is built to unlock. Underpinning all of it is the Gold-Backed Stable Token: a blockchain instrument where each token is backed by physical gold in high-security vaults, ownership is perpetual, and every transaction is recorded on-chain. IGM is built to serve the next wave of gold’s growth.
One philosophy, four new frontiers
What connects 63SATS, 3.0 Labs, QiLegal, and IGM is not industry or technology stack. It is a shared instinct, inherited from a founder who is no longer in the room but whose thinking shaped every wall of it. Each initiative addresses a system broken by fragmentation, opacity, or exclusion. Each applies technology not as decoration but as the structural fix. And each is designed to expand access rather than concentrate it. Jignesh Shah’s greatest contribution to 63 moons may not be any exchange he built or platform he launched. It is the culture of purposeful innovation he cultivated in the people who came after him, entrepreneurs who absorbed his conviction that markets, legal systems, digital infrastructure, and gold economies all share the same fundamental flaw: they were not built for everyone. And that every such flaw is, in the end, a design problem waiting to be solved.


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