CoinDCX, an India-based crypto exchange, has announced the closing of a $90 million Series C round.
The funding was led by B Capital Group (founded by former Facebook co-founder Eduardo Saverin); plus returning investors Coinbase Ventures, Polychain Capital, Block.one, and Jump Capital among others.
Funding Development
With the funding, CoinDCX will pursue new business initiatives, enhance its product offering, improve technology infrastructure, and expand its workforce.
Other notable plans for CoinDCX include partnerships to expand its user-base, setting up a research and development (R&D) facility, strengthening policy conversations through public discourse, and collaboration with the government to introduce favorable regulations and education support programs.
“With the support of the largest institutional backers in both the traditional and digital asset spaces; we will double down on our efforts to build the next generation of products with cutting edge innovation, improve our existing product array, and strengthen our exchange infrastructure and product team.”
– Sumit Gupta, Co-Founder & CEO CoinDCX
CoinDCX, an India-based crypto alternate, has introduced the closing of a $90 million Collection C spherical.
The funding was led by B Capital Group (based by former Fb co-founder Eduardo Saverin); plus returning traders Coinbase Ventures, Polychain Capital, Block.one, and Leap Capital amongst others.
Funding Growth
With the funding, CoinDCX will pursue new enterprise initiatives, improve its product providing, enhance expertise infrastructure, and develop its workforce.
Different notable plans for CoinDCX embrace partnerships to develop its user-base, establishing a analysis and growth (R&D) facility, strengthening coverage conversations by way of public discourse, and collaboration with the federal government to introduce favorable rules and schooling assist packages.
“With the assist of the biggest institutional backers in each the normal and digital asset areas; we are going to double down on our efforts to construct the subsequent era of merchandise with leading edge innovation, enhance our current product array, and strengthen our alternate infrastructure and product workforce.”
– Sumit Gupta, Co-Founder & CEO CoinDCX
