CoinDCX collects series B funding

Dec 29, 2020 • Callum Cyrus

Block.One, Digital Garage and Coinbase Ventures have all backed a $13.9m round for crypto exchange CoinDCX to take its total funding to more than $19m.

India-based cryptocurrency trading exchange CoinDCX has secured $13.9m in a series B round led by blockchain software producer Block.One.

The deal was also backed by digital currency exchange Coinbase’s corporate venturing fund, Coinbase Ventures, as well as internet company Digital Garage, Jump Capital, Uncorrelated Ventures, Polychain Capital, Mehta Ventures and private investor Alex Pack.

CoinDCX runs an India-facing cryptocurrency exchange it claims has better security features than competitors, including verification software for checking a user’s bank and personal details. It…

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