HomeBrandsIndia's Cryptocurrency exchange CoinDCX raises USD 90 million against a valuation of...

India’s Cryptocurrency exchange CoinDCX raises USD 90 million against a valuation of USD 1.1 Billion

CoinDCX has raised USD 90 million (INR 670 Cr) against a valuation of USD 1.1 billion (INR 8150 Cr) in Series C funding led by B Capital Group (Former co-founder of Facebook, Eduardo Saverin) and joined by their returning investors Coinbase Ventures, Polychain Capital, Block.one and Jump Capital.

CoinDCX has 3.5 million users and is now  now India’s largest and cryptocurrency exchange

CoinDCX turned 3 this year, celebrating its journey and commitment towards making cryptocurrency more accessible to the Indian audience. Since their inception in 2018, they have tackled multiple disruptions to imbibe the change we needed to serve our privileged customers better.

CoinDCX launched Insta, the fastest way to buy and sell cryptocurrency with INR, as well as Margin and Futures trading with up to 10x and 20x leverage, respectively, across 500+ markets. CoinDCX introduced CoinDCX Go as India’s simplest and safest cryptocurrency investment app and also became the first cryptocurrency platform in India to be ISO Certified.

Soon, CoinDCX will be launching global trading product, Cosmex, and their latest offering in the HNI/Enterprise space, CoinDCX Prime, for assisted investment in cryptocurrency baskets.

Source- CoinDCX



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