Crypto exchange CoinDCX raises $90 Mn to trade up to unicorn status


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Image Credit: shortpedia

Cryptocurrency exchange CoinDCX said it has raised $90 million in Series C funding at a valuation of $1.1 billion, making it the 22nd unicorn of 2021 in India in a year that is already a record-breaking year for startup funding in the country. This also makes CoinDCX India’s first crypto unicorn. The round was led by former Facebook co-founder Eduardo Saverin’s B Capital Group and existing investors Coinbase Ventures.