CoinDCX raises Rs 100 crore in Series B funding round

Date posted: Wednesday 23 December 2020

Cryptocurrency exchange CoinDCX has raised Rs 100 crore in a Series B funding round that was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack. CoinDCX plans to use the newly raised funds to drive crypto adoption in India with new products, according to a statement . The funds will also help to attract and retain fresh talent and sustain the “hockey stick” growth in 2021, it added.

(Economic Times)