Coinbase Ventures helped the cryptocurrency exchange increase its valuation to $2.15bn in a round pushing its overall funding past $240m.
India-based cryptocurrency exchange CoinDCX secured $135m in series D funding today from investors including Coinbase Ventures, a subsidiary of digital currency exchange Coinbase, almost doubling its valuation to $2.15bn.
The round was co-led by Steadview Capital Management and Pantera Capital with additional backing from Kingsway Capital, Kindred Ventures, DraperDragon, Republic, B Capital Group, Polychain Capital and Cadenza Capital Management.
CoinDCX operates a cryptocurrency trading platform and the funding will support plans to launch several products for the Indian market and…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
