Polychain, Bain Capital Join $3M Series A Round for Indian Exchange CoinDCX
The funding round comes just weeks after the Supreme Court overturned the country's banking ban.
India's largest cryptocurrency exchange, CoinDCX, has raised $13.9 million in a Series B funding round led by Block.one.
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
Aimed at appealing to crypto newcomers, CoinDCX Go allows users to trade smaller denominations of 14 of the industry's top assets.
India's largest crypto exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures.
One of the oldest crypto custodians, BitGo has started securing crypto assets at India's largest exchange by trade volume, CoinDCX.