Coinbase Ventures was among the investors in a series C round valuing the digital currency exchange at just over $1.9bn.
India-based cryptocurrency exchange operator Coinswitch Kuber secured $260m today in a series C round co-led by fellow crypto exchange Coinbase through its corporate venturing unit, Coinbase Ventures.
Andreessen Horowitz co-led the round, which included Sequoia Capital India, Ribbit Capital, Paradigm and Tiger Global Management. With a valuation of $1.91bn, the round ostensibly makes Coinswitch Kuber the highest valued crypto-focused company in India.
Founded in 2017, Coinswitch Kuber providers an online platform where users can buy and sell cryptocurrencies. It has…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
