Indian crypto exchange CoinDCX crosses 10 million user mark
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Indian crypto trading exchange CoinDCX says it has crossed the 10 million user mark. Fast facts CoinDCX had 3.5 million customers as of August last year. CoinDCX became India’s first crypto unicorn…
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Coinbase invests in India’s top exchange CoinDCX, boosting its valuation to $2.45B, marking the firm’s return to the Indian market. Coinbase has made a strategic investment in CoinDCX, India’s largest cryptocurrency exchange, valuing the platform at $2.45 billion. This marks Coinbase’s re-entry into the Indian market after a two-year…
Key Insights: CoinDCX CEO Sumit Gupta recently denied rumors of a $900 million acquisition by Coinbase. The company is recovering from a $44 million hack but is still financially strong and operational. CoinDCX has launched a bounty program to trace and recover its stolen funds. Over the past week, Indian…
Key Highlights CCI approves Coinbase’s acquisition of a non-controlling minority stake in DCX Global. Coinbase’s October investment valued CoinDCX at a post-money valuation of $2.45 billion. CoinDCX reported higher FY25 revenue and profit despite a major security breach in July. The Competition Commission of India (CCI) on Tuesday approved US-based…