CoinDCX, India’s first crypto unicorn, intends IPO

According to co-founder, Neeraj Khandelwal, India’s first crypto unicorn, CoinDCX, wishes to work towards an initial public offering as soon as government regulations permit it. Khandelwal said that akin to Coinbase Global Inc.’s U.S. listing earlier this year, the share sale would be a key vote of confidence for the country’s digital asset industry. He…

IITian-founded exchange CoinDCX becomes India’s first crypto unicorn

CoinDCX is now India’s first crypto unicorn after the exchange raised $90 million from investors led by Facebook Inc. co-founder Eduardo Saverin’s B Capital Group. On Tuesday, in an interview, co-founder and CEO Sumit Gupta said that the latest funding round values at $1.1 billion. Other investors include existing partners Polychain Capital, Coinbase Ventures, Jump…