Existing corporate investors Block.one and Coinbase Ventures participated in a round valuing the digital currency exchange at $1.1bn.
India-headquartered cryptocurrency exchange operator CoinDCX completed a $90m series C round on Monday featuring blockchain software provider Block.one and Coinbase Ventures, the venture capital arm of digital currency exchange Coinbase.
Investment firm B Capital Group led the round, which was also backed by Polychain Capital and Jump Capital. It valued CoinDCX at $1.1bn, making it the first India-based crypto-focused company to achieve a unicorn valuation.
CoinDCX has built a digital currency exchange with more than 3.5 million registered users and…
