Crypto exchange CoinDCX becomes India’s first crypto unicorn

CoinDCX the cryptocurrency exchange itself said that they have raised $90 in fund B capital investment which was led by Co-founder of Facebook, Eduarduo Saverin.

Crypto exchange CoinDCX becomes India’s first crypto unicorn

Meanwhile after having good investors In the First Five months of 2021, This deal made CoinDCX India’s first ever Crypto Unicorn by the stated info that a private start-up valued over a Billion dollars.

“Having 3.5 million users right now and we will use the fundings to run customer awareness campaigns and will increase the reach of CoinDCX.” Said the existing investors like Coinbase ventures, Polychain capital, Jump capital and Block.one

Also Mr. Sumit Gupta, Co-founder and CEO said that “They will surely enter in partnerships with key fintech organisation to expand the investor base and set up Research and Development (R&D) board to give an uttermost strong base to conversations through public discourse & Government regulations and hiring initiatives”

CoinDCX is providing trading and lending services for enterprise customers, Traders has a global platform for blockchain services and it is also serving the retail investing.

Read: Luxembourg-based crypto exchange Blocktrade concludes $25M funding round